OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Oct. 1. Watch for coverage of these and other topics through the week on our subscription platforms as well as on DTNPF.com.
1. Grain trade reaction: How will traders respond to the weekend political moves to avoid government shutdown for now with a 45-day funding bill that President Joe Biden signed late Saturday? That will be a key focus for the week, starting with grain comments available to DTN subscribers Sunday night. See DTN Ag Policy Editor Chris Clayton's story, "Congress Passes Funding Bill," at https://www.dtnpf.com/….
2. Weather messes with harvest: Some areas of the Corn Belt had record heat during the weekend. However, if you caught the Sept. 29 Ag Weather Forum, you know DTN's weather models all did an about-face mid-afternoon. That ushers in a strong cold front expected Oct. 3-6, which will produce showers and thunderstorms up and down the Plains to the Mississippi Valley. There may even be frost by the end of the week. If you missed it, see the weather blog here: https://www.dtnpf.com/….
3. Low rivers still an issue: Despite the potential for rains, we're continuing to track low river levels in the Mississippi Valley. (See https://www.dtnpf.com/…) Watch for the latest from DTN Basis Analyst Mary Kennedy in her Cash Market Moves column at https://www.dtnpf.com/… during the week.
4. Digging into the details: DTN's Clayton will dig deeper into what was decided by the government during the weekend and assess what are the consequences. What is being funded, what still hasn't been decided, and what will this mean for farmers and ranchers?
5. Reports this week: Here's what is tentatively expected to come out this week, based on the government shutdown being avoided. We'll update if we hear more. Monday, International manufacturing indices reports trickle in overnight, joined by the U.S. report at 9 a.m. CDT. USDA's weekly grain export inspections hit at 10 a.m., followed by NASS Fats and Oil report at 2 p.m. and weekly Crop Progress at 3 p.m. On Wednesday, we'll watch U.S. factory orders at 9 a.m., with the U.S. Energy Department's weekly report of energy inventories at 9:30 a.m. On Thursday USDA's weekly export sales are due at 7:30 a.m., as is weekly U.S. jobless claims, the U.S. trade deficit for August and an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly report of natural gas storage is at 9:30 a.m. Friday we hope to see the U.S. Labor Department reports on non-farm payrolls and the unemployment rate for September at 7:30 a.m.
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