OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of May 28. Watch for coverage of these and other topics through the week on our subscription platforms as well as on DTNPF.com.
1. Markets closed Monday: Memorial Day is a market holiday; electronic grains markets reopen at 7 p.m. CDT. The weekly USDA Crop Progress Report is also delayed, so watch for that coverage Tuesday afternoon. DTN Canadian markets remain open and our Canadian Grains Analyst Cliff Jamieson will have full reports through the day for DTN subscribers. Basic comments are found in his daily Canada Markets blog here: https://www.dtnpf.com/….
2. Weather turns "normal": Weather this week will be more typical across a big swath of the country. Temperatures will stay around seasonal averages, while scattered showers will continue to pop up in the Plains, spreading east into the Midwest and Delta. Areas fortunate enough to catch some of those showers will continue to see their areas lighten on the U.S. Drought Monitor maps.
3. Wheat/corn continuum: It's not unusual to hear about wheat going into livestock feed rations as a low-cost replacement for corn. But it's usually more talk than walk, and typically has little influence on prices of either grain. We're watching the information a bit more closely as some reports show China is moving more to feeding wheat, and that could influence corn prices short term. For more thoughts on things in China, see the latest Todd's Take, by DTN Lead Analyst Todd Hultman, here: https://www.dtnpf.com/….
4. Pest tracker: Showers and warm weather have emerging crops growing well, and don't think the bugs haven't noticed. Our crops team will be reporting on the latest pest reports from farmers and crop scouts and offering control tips should they be visiting your fields. For recent reports on soybean pests, see here: https://www.dtnpf.com/….
5. WOTUS reverberations: We'll continue to watch the response from the recent Supreme Court decision in the Sackett case, which pushed way back on EPA's ability to dictate land use around the Clean Water Act and the infamous waters of the United States (WOTUS) rules. For the initial response to the decision, see here: https://www.dtnpf.com/….
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