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DTN Oil Update
PostedCrude oil futures fell 5% Monday while natural gas futures plunged 26% amid de-risking by investors in energy markets on reports that Iran was in talks with the U.S. to avoid war over its nuclear program.
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Farm Life
Our Rural Roots
PostedBlogger Katie Pratt says caretaking is what farmers do. Caring for houseplants seems a natural progression of those farm duties during the winter months.
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What DTN Is Watching
There are no major USDA or macroeconomic reports scheduled for Tuesday. Ag markets will continue to be in tune to weather happenings around the globe, as well as taking clues from outside markets with Monday's risk-off energy trade a source of pressure to row crop futures to begin the week. Meanwhile, the House of Representatives is set to vote on the Senate approved funding bill to end the partial government shutdown.
WeatherA storm system will move across the South on Tuesday. Scattered rain showers are likely for the Lower Mississippi and Tennessee Valleys, while some light snow will develop across the Ohio Valley. Some other spotty showers will move through the Plains as well, but many areas will stay dry Tuesday.
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