Top 5 Things to Watch
Key Happenings the DTN Newsroom Is Tracking for the Week of Jan. 15-21
OMAHA (DTN) -- Here are the five top things the DTN Newsroom is tracking for the week of Jan. 15, a short business week with major U.S. markets closed for the Martin Luther King Jr. holiday. Watch for coverage of these and other topics through the week on our subscription platforms, as well as on DTNPF.com.
1. Commodity markets will continue to absorb the Jan. 12 World Agricultural Supply and Demand Estimates (WASDE) report, which surprised traders and analysts with significant changes to U.S. corn acres and corn yield, resulting in 2022 production estimate 200 million bushels below December. Note trade will be shortened due to market closures for Martin Luther King Jr. Day.
DTN Senior Analyst Dana Mantini's review, "Corn and Soybean Complex Surge on Bullish USDA Stocks and Production Data," can be found across our platforms. Our Field Posts podcast with DTN Lead Analyst Todd Hultman, Episode 133, can be found here: https://www.dtnpf.com/….
2. We'll continue to watch an active weather pattern as two additional storm systems work their way across the U.S. Both have potential for widespread precipitation, including snow and potential severe weather. The second storm will be the stronger of the two, slated to move through the Central and Eastern U.S. Wednesday and Thursday. The storm will likely bring a band of moderate to heavy snow from the southwestern Plains into the Upper Midwest and severe weather near the Gulf Coast. This may be the last of the warmer weather for a bit as winter returns during the week of Jan. 22. For updates, see our Ag Weather Forum Blog here: https://www.dtnpf.com/….
3. Land Prices, interest rates, and inflation watch: DTN Farm Business Editor Katie Dehlinger has been tracking the latest land prices and how interest rates and other economic factors are influencing those prices. Look for reports from Dehlinger on that, as well as reporting on how a group of farm economy experts feel inflation is affecting agriculture.
4. DTN Ag Summit revisited: Our recent Virtual Ag Summit was a huge success, with several hundred participants listening in to thought-provoking conversations on carbon credit programs, on fertilizer and other input price expectations, managing farm successions and more. Summit attendees had immediate access to these presentations following the mid-December gathering, but they will be available to the public starting Jan. 21. You can find recorded sessions and presentation slides here: https://spotlights.dtnpf.com/….
You'll also find information on our upcoming DTN Ag Summit Series, which will feature a number of one-day sessions throughout 2023.
5. Will fertilizer prices continue to fall? DTN's cash retail fertilizer index showed three weeks of lower prices for all five of the fertilizer types DTN tracks. DTN Reporter Russ Quinn will have a fresh set of pricing data in his weekly DTN Retail Fertilizer Trends column. We will also have the latest wholesale fertilizer outlook from Market Reporter Logan Garcia, with Fertecon, S&P Global Commodity Insights.
For more markets-related events that DTN will be watching and reporting on, see Hultman's "What DTN is Watching" section found elsewhere on DTN digital platforms.
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