Top 5 Things to Watch
May WASDE, a North Dakota View and Weather
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of May 7. Watch for coverage of these and other topics throughout the week on our subscription platforms as well as on DTNPF.com.
1. May Grains Report, WASDE on Friday: The latest World Agricultural Supply and Demand (WASDE) report drops at 11 a.m. CDT. This is the month when USDA shifts crop years, so there is typically a bit of adjusting to production numbers. DTN Lead Analyst Todd Hultman will have a report preview ahead of the actual report; he will hold an hour-long webinar discussing the report's effect on markets at 12:30 CDT on Friday. To register for the webinar, go here: https://www.dtn.com/….
2. Global water issues: Farm leaders from around the world are gathering in Lincoln, Nebraska for the 2023 Water For Food Global Conference. We'll cover the event which tackles issues around the ongoing conflict between urban and rural/farm uses of water, and the challenges brought on by climate change, soil degradation, water access and economic disparity.
3. Second view: This week we introduce our second View From The Cab participants, Chandra and Mike Langseth, of Barney, North Dakota. Langseth Family Farm is located on the edge of the Red River Valley, where Mike is the fifth generation to operate the dryland and irrigated operation. In addition to farming, Chandra is a full-time agriculture assistant professor at North Dakota State College of Science in Wahpeton, North Dakota.
4. Weather: Warm temperatures and showers continue to move through the Corn Belt. DTN Ag Meteorologist John Baranick notes that weather models have begun to over-estimate showers, a big factor on conditions last week. Experts will be carefully evaluating them. If you missed last week's piece on when rains come too late, you should check out DTN Contributing Analyst Elaine Kub's view on that here: https://www.dtnpf.com/….
5. Other market news: Monday will feature the latest USDA Crop Progress Report along with weekly export inspections. The new U.S. Consumer Price Index is out Wednesday; on Thursday will see U.S. jobless claims and the Producer Price Index for April.
Be sure and watch for the latest news at www.dtnpf.com, and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer.
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