Ag Week in Review

DTN Week in Review: What's Behind China's About-Face on 15 Million Bushels of US Corn?

The price of anhydrous came in at $1,492 in the fourth week of January, shattering the previous all-time high of $1,433 set last week. If you missed the story, here's another chance to access the story as well as learn how you can see all 1,700 fertilizer bids that DTN compiles each week. (DTN chart)

Some of you may still be cleaning up from the snow and ice left behind from a 2,000-mile-long winter storm system that dominated weather headlines this past week. If snow plowing kept you from reading the latest agriculture news from DTN, here are a few posts you'll want to check out.

CHINA'S NEXT MOVE: China on Thursday backed out of corn orders totaling nearly 15 million bushels (mb). What is China's motivation and are more cancellations on the horizon? DTN's Todd Hultman addresses those questions in his weekly column (https://www.dtnpf.com/…).

RIGHT TO REPAIR: The U.S. Senate introduced a bill that would require machinery manufacturers to provide farms with the means to diagnose equipment malfunctions. DTN's Todd Neeley reports on the specifics (https://www.dtnpf.com/…) of the proposed law, which covers data ownership.

JUST IN CASE VS. JUST IN TIME: DTN's Vicki Myers, who attended the Cattle Industry Convention and NCBA Tradeshow in Houston this past week, writes that a fundamental shift in the beef supply chain is likely (https://www.dtnpf.com/…). Vicki spoke to a leading industry analyst who said the Canadian border blockade by truckers is just one example of how today's volatile business environment makes just-in-time delivery very risky.

FERTILIZER PRICES CONTINUE TO RISE: The weekly increases may not be as dramatic, but fertilizer prices are still climbing. Read Todd Neeley's wrap-up to find out which type of fertilizer hit a new all-time high (https://www.dtnpf.com/…). For all 1,700 fertilizer bids that DTN compiles each week, sign up for a free trial (https://www.dtn.com/…) of a MyDTN subscription. And if you missed it, DTN's Russ Quinn recently explored how a Russia invasion of Ukraine could affect what you pay (https://www.dtnpf.com/…) for fertilizers.

Finally, if you are largely stuck inside because of winter weather, farmer John Bergen from Manitoba, Canada, has a DIY project that may check a couple of boxes for you. Read Dan Miller's piece about creating your own bar/workbench (https://www.dtnpf.com/…) (Video included.) If the Pennsylvania rodent is right, you'll have plenty of time the next six weeks for a DIY project.

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