By DTN Staff
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of August 11. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.dtnpf.com. Note that all report release times are Central Daylight Time (CDT) unless otherwise noted.
1. DTN Digital Yield Tour: The seventh annual DTN Digital Yield Tour will run August 13-16. This year's tour will have a slight change, featuring corn and soybean predictions from new DTN-developed yield models, including our proprietary historical weather data, plus insights from farmers, agronomists and others from around the Corn Belt. Watch for continued coverage throughout the week, including a full take on changes for the 2024 Tour.
2. WASDE Monday: The latest World Agricultural Supply and Demand Estimates report is revealed at 11:00 a.m. Monday. We will have our flash report immediately after the numbers are made public, with continuing updates and analysis through the morning. We'll also hold our traditional post-release webinar, featuring Lead Analyst Todd Hultman, at 12:30 p.m. To register for the webinar, which can be done right up to the hour, see here: https://www.dtn.com/…
3. FSA Acreage Report. Monday we'll also see the first actual acreage report for the 2024 crop season from Farm Service Agency. The acreage data will be released at 12:00 p.m. and is based on farmer-reported categorization of acres as planted, prevented planted or failed. It's the first look of the season on what flooding and wet conditions had on farmers' ability to plant the land they intended to plant in 2024.
4. Weather For the Week: We'll be watching the continued chance of early frosts in northern Canada prairies, and how the cold front creating those conditions plays out throughout the upper US plains. Cooler temperatures in the Midwest and central and southern Plains states early in the week lessen the chance for rain; we'll see temps climb again later in the week. Conditions are hot and dry in the Delta, a drain on soil moisture there. A front moving into the region will stall out going into next week, but models disagree whether that will produce any rain.
5. Economic Reports This Week: Monday, Grain Inspections reports are out at 10 a.m., followed by the 11 a.m. WASDE and Crop Production reports. At 11:15 a.m. we'll see the latest Grains and World Grain, Cotton and Oilseed stocks and trade report. At 12:00 p.m. FSA releases the acreage report, then at 1 p.m. we'll see the Monthly Federal Budget report, then the weekly Crop Progress report hits at 3 p.m., followed by our analysis of the report. Tuesday at 7:30 a.m. the Producer Price Index and Core PPI are released. At 11 a.m. we'll see the Feedgrain Database updates, then at 2 p.m. we'll see Wheat Data and latest County Estimates for Hogs, as well as the Season Average Price forecasts from the Economic Research Service. Wednesday reports start at 7:30 a.m. with the Consumer Price Index (CPI) and Core CPI. At 8:15 a.m. the Industrial Production and Capacity Utilization reports are out. At 9:30 a.m. we'll see EIA's Weekly Petroleum including ethanol statistics, then Broiler and Turkey hatchery numbers are at 2 p.m. Thursday starts at 7:30 a.m. with Grain Export Sales, Housing Starts and Building Permits, Initial Jobless Claims Retail Sales and the latest Import Price Index. At 8:15 a.m. we'll see Industrial Production and Capacity Utilization, followed by Business Inventories data at 9 a.m. Friday reports begin at 7:30 a.m. with Housing Starts and Building Permits. At 9 a.m. we'll have Consumer Sentiment indexes and the Home Builder Confidence Index. At 2:30 p.m. the CFTC Commitment of Traders report is out.
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