Top 5 Things to Watch
Start of Crop Progress Reports, Recovery From Spring Storms
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of April 2. Watch for coverage of these and other topics through the week on our subscription platforms as well as on DTNPF.com.
1. Spring storms are no April Fools: Once again, as we look forward into the coming week, we have severe weather during the weekend. DTN weather experts forecasted continued severe storms across the Midwest and Tennessee Valleys as moisture pours in from the Gulf of Mexico, possibly hitting an even wider area than the killer storms of March 24-26. So, the first week of April will see additional recovery efforts from weekend storms. Watch our daily Market Weather Outlook video reports each morning here: https://www.dtnpf.com/….
2. Checking on wheat conditions: We continue to hear reports of failed wheat fields across Kansas and Oklahoma. As the calendar turns to April we have been talking to farmers and agronomists to learn more. See DTN Crops Editor Jason Jenkin's latest work here:
https://www.dtnpf.com/… and watch for more reports through the week.
3. Mixed market signals: We'll continue to watch market reaction to the March 31 Quarterly Grain and spring Prospective Plantings reports, which gave a mixed bag of signals for corn and soybeans. See DTN Senior Analyst Dana Mantini's analysis of that report here:
Look to see if beans keep their post-report momentum with continued updates in the Markets sections of DTN digital platforms throughout the week and watch our daily market videos on weekday afternoons.
4. Start of crop progress: The weekly USDA Crop Progress reports begin this week, and you'll see our update and take on that Monday afternoon, and on subsequent Mondays. They've become an anticipated weekly feature through the crop season.
5.Other reports of note: Additional reports analysts will watch during the week include: Monday -- USDA's weekly grain export inspections, and foreign manufacturing indices; Wednesday -- U.S. trade deficit and DOE weekly energy inventories; Thursday -- USDA weekly export sales and U.S. jobless claims; Friday -- U.S. nonfarm payrolls and U.S. unemployment rate.
Be sure and watch for the latest news at www.dtnpf.com, and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer.
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