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 April 13. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com.

Note that all report release and webinar times are Central Daylight Savings Time unless otherwise noted.

1. Weather and planting progress: The planting pace should pick up somewhat as most areas will be dry through the weekend, with a system bringing a chance of showers to the Western Corn Belt early the week of April 13. The chance of isolated showers spreads to the Delta and Eastern Corn Belt mid-week. Most areas will have normal to above-normal temperatures through the week, with lower temperatures in the East.

2. Weather recovery: As waters recede in the Mid-South and East, we'll watch for damage to soft red winter wheat fields in those areas. Damage to roads and bridges may also influence spring farm activities.

3. Safrina crop progress: World corn stocks are down slightly, according to the April 10 World Agricultural Supply and Demand Estimates (WASDE) report, keeping some bullishness in the market. Eyes now shift back to the condition of the Brazilian safrina (second) corn crop as the U.S. crop begins to be put in the ground.

4. Cattle on Feed Thursday: We'll have a preview of report expectations and then report numbers and analysis Thursday afternoon.

5. Economic Reports for the Week: Monday at 10 a.m. will be Grain Inspections data, at 2 p.m. is Turkey Hatchery, followed by USDA Crop Progress reports at 3 p.m., with DTN analysis shortly after. Tuesday Import and Export data will be released at 7:30 a.m. On Wednesday, at 7:30 a.m. is U.S. Retail Sales, at 8:15 a.m. is Industrial Production and Capacity Utilization data, followed at 9 a.m. by Business Inventories and Home Builder Confidence reports, then at 9:30 a.m. is EIA's Weekly Petroleum Status including Ethanol. At 2 p.m. Broiler Hatchery data will be released. Thursday reports begin at 7:30 a.m. with Grain Export Sales, Initial Jobless claims, Housing Starts and Building Permits numbers. At 10:30 a.m. is the Weekly Economic Index. At 2 p.m. is Cattle on Feed report and Slaughter Weekly data. Friday at 2:30 p.m. is the weekly CFTC Commitment of Traders report.

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