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. 27. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com.

1. From the Show: We'll have a steady stream of news on the latest equipment, seed, chemicals and other inputs from the Farm Progress Show in Decatur, Illinois. You can also hear the latest outlooks and chat with DTN journalists and experts in our building at Lot 360 on the show grounds. DTN's Ag Meteorologist John Baranick and Lead Analyst Todd Hultman will give their thoughts on the weather and markets at 10 a.m. and 2 p.m. CDT Tuesday and Wednesday, and at 10 a.m. on Thursday. We'll also have experts talk about the new Farmers for Soil Health signups which can earn you up to $50 per acre for cover crops and other soil health practices. DTN is a partner in this USDA-funded project.

2. Farm rental rates: USDA released its latest farmland cash rental rates by county; look for our story that digs into the data to spot the latest land trends.

3. Cooler weather, until it's not: The weekend's cold front, which knocked 15-20 degrees off of some areas of the country, won't bring a lot of rain to help crop recovery. Best rainfall chances are in the eastern Great Lakes states and the Central Plains, the latter thanks to remnants of Tropical Storm Harold. The break from the heat will last about a week, with models showing above-normal temperatures east of the Rockies as the calendar turns to September.

4. Crop harvest begins: Some of the first corn and soybean plots are beginning to come out. Watch for news on some of the early results. For the latest on thoughts on where markets and weather conditions are headed, see our In the News video feature here: https://www.dtnpf.com/….

5. Weekly business reports: (Note: all times are CDT) Monday will see USDA's weekly export inspections at 10 a.m. and the Crop Progress report at 3 p.m. On Tuesday, we'll have the U.S. consumer confidence index numbers at 9 a.m. On Wednesday, the second-quarter U.S. Gross Domestic Product numbers hit at 7:30 a.m., followed by the U.S. Energy Department's weekly energy inventories at 9:30 a.m. Then Thursday is a busy one, with USDA's weekly export sales report, U.S. weekly jobless claims, U.S. personal incomes and consumer spending in August, the index of personal consumption expenditures for July and an update of the U.S. Drought Monitor all due at 7:30 a.m. The U.S. Energy Department's report on natural gas storage is at 9:30 a.m. That Thursday is also the last day of the 2022-23 crop year for the corn and soybean complexes. On Friday, we'll see U.S. nonfarm payrolls and the unemployment rate for August, due at 7:30 a.m. World manufacturing activity indices come in overnight and the U.S. index is due at 9 a.m. The latest Fats and Oils and Grain Crushings report from NASS is at 2 p.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.