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Business & Inputs

Cargo ships head in opposite directions on the southern Mississippi River near New Orleans. Deeper dredging of the river will allow even larger ships to eventually move as far north as Baton Rouge, Louisiana. (DTN file photo by Chris Clayton)
Posted by Chris Clayton

While Louisiana leaders praise the Corps of Engineers' decision to fund dredging the lower Mississippi River to a 50-foot draft depth, advocates several hundred miles farther north in states such as Iowa also praise the decision, which they see as a...

World & Policy

Posted

U.S. stocks slipped in early trading Tuesday after technology giant Apple became the most well-known company to warn of a financial hit from the virus outbreak in China.

Farm Life

A tax break for cooperatives continues to cause complications as Treasury officials try to finish the final rules. Congress made changes to Section 199A two years ago after first including provisions in a tax law that would have distorted the grain trade. (DTN file photo by Chris Clayton)
Posted by Chris Clayton

A tax quirk two years ago looked like a windfall for farmers who did business with cooperatives. Now, new rules might actually increase the taxes for at least some farmers who are patrons of more diversified cooperatives.

What DTN Is Watching

Markets

There is a scarcity of economic reports on Tuesday after the President's Day holiday. DTN will be watching for updated South American weather and harvest activity, along with any news on coronavirus (COVID-19), and especially news on China granting duty-free import licenses for U.S. soybeans and ag products.

Weather

Tuesday features additional rain in the Delta, Ohio Valley, and the Southeast, with continued flooding. The central U.S. will have several rounds of light mixed freezing precipitation and snow, causing some travel and safety issues. Conditions will be cold north and seasonal to above normal central and south. No polar vortex-related cold outbreak is indicated in the upper-level pattern.