Top 5 Things to Watch

By DTN Staff

OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Aug. 6. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com.

1. DTN Digital Yield Tour: Monday we'll have national yield numbers to kick off the sixth DTN Digital Yield Tour Powered by Gro Intelligence. With all the hit-and-miss rains, the heat, and relatively low pest issues so far this season, it will be truly interesting to see what the satellites and yield models see in terms of yield potential in corn and soybean fields. For details on the Tour, which this year includes on-the-ground reporting from Farmers Independent Research of Seed Technologies, see our preview here: https://www.dtnpf.com/….

Watch for our coverage starting mid-day Monday, with state numbers running throughout the week. To see the Reporter's Notebook interview DTN Farm Business Editor did about the tour, see https://www.dtnpf.com/…. She will also host a discussion looking at this year's Tour during our DTN Ag Summit Series Webinar on Aug. 15. See a preview video on it at https://www.dtnpf.com/… and you can register for the free webinar at https://www.dtn.com/….

2. August WASDE Friday: It will be a market-critical week, culminating in the August World Agricultural Supply and Demand Estimates (WASDE) report. As always, we'll have flash coverage moments after 11:00 a.m. CDT, with updates and analysis throughout the morning. DTN Lead Analyst Todd Hultman will discuss the report, and his take on the Digital Yield Tour results, in a webinar at 12:30 p.m. To listen in and ask questions, register here: https://www.dtn.com/….

We'll have additional reviews and thoughts from the DTN analyst team later in the day and in our Closing Market Comment video, which can be found here: https://www.dtnpf.com/….

3. Heat continues retreat: The slow-moving front that drove weather this past week will move south, bringing rain potential to Kansas, Oklahoma, and areas further south. We'll look for the U.S. Drought Monitor update Thursday morning, which will only add to a week full of information on crops as they work through pollination and fill periods. Expect more rains where it has rained, driven by the humidity in those areas.

4. Prop 12 news continues: We had extensive coverage this past week on the influence of California's Proposition 12, which regulates pork sales in that state. (https://www.dtnpf.com/…) Look for more discussion around federal efforts to overrule those regulations. For a preview of what may be in the works, see DTN Ag Policy Editor Chris Clayton's recent blog here: https://www.dtnpf.com/….

5. Expected economic reports: We'll be watching and responding to a host of government economic reports. Monday sees USDA's weekly export inspections at 10 a.m. CDT and the weekly Crop Progress report at 3 p.m. Note that Canada markets are closed. On Tuesday, the U.S. trade deficit report for June hits at 7:30 a.m., with the Energy Department's Short-Term Energy Outlook later that morning. Wednesday the Energy Department releases weekly energy inventory numbers at 9:30 a.m. On Thursday, we'll look for USDA weekly export sales report, the U.S. weekly jobless claims, and the consumer price index for July. Those and U.S. Drought Monitor are all due out at 7:30 a.m. The U.S. Energy report on natural gas storage hits at 9:30 a.m., with the Treasury budget for July at 2 p.m. On Friday the U.S. producer prices for July are revealed at 7:30 a.m., while the University of Michigan's consumer sentiment index for early August comes at 9 a.m.

Be sure and watch for the latest news at www.dtnpf.com, and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer.

(c) Copyright 2023 DTN, LLC. All rights reserved.