OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of June 18. Watch for coverage of these and other topics through the week on our subscription platforms as well as on DTNPF.com.
1. Markets take a holiday: The week kicks off with U.S. markets closed for the national Juneteenth holiday Monday. Electronic markets open at 7 p.m. CDT and DTN market updates will pick up Tuesday morning.
2. Will the weather market continue?: Weather models are inconsistent and more varied than usual, but we're likely in for a warmer and drier week, which grain traders will watch closely, given the bullish actions of late. There are chances of showers into the weekend, though trusting those inconsistent models at the moment makes a good meteorologist wince. We'll be updating thoughts through the week, and some background thoughts on where things stand in mid-June can be found here: https://www.dtnpf.com/….
Our morning Market Weather Outlook video, which picks up mid-morning Tuesday after the holiday, can be found here: https://www.dtnpf.com/….
3. Pest get attention: It's that time of the year where insect infestations can spring up quickly, so the DTN Crops team will be watch for the latest outbreaks and update their pest reports.
4. Will cattle culling continue?: While rain showers have given respite to some areas, in general soil moisture levels remain low. That's continuing to put a strain on forage and hay supplies. We'll explore the continued potential for summer herd culling. The June cattle on-feed report will hit at 2 p.m. Friday; look for DTN analysis soon after the report is released.
5. RFS delays: The first multi-year (2023-25) numbers for the Refined Fuels Standard will be announced, with our coverage soon after the report's release Wednesday. Our story on why the numbers were postponed a week is here: https://www.dtnpf.com/….
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