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OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of May 24. Watch for coverage of these and other topics throughout the week on our subscription platforms as well as on www.DTNPF.com.
Note that all report release times are Central Daylight Time unless otherwise noted.
1. Memorial Day market close: U.S. markets are closed Monday for Memorial Day. The DTN newsroom is also closed, but ICE Canada markets are open, so Canada products will be updated with market analysis. Regular DTN market analysis will return Monday evening with a Quick Take from the market open.
2. Promised purchases: It's still unclear how much of the $17 billion in ag purchases China recently promised are new purchases and how much of that total includes things already on the books. Our news and analyst teams continue to dig in. (See more about the promises here: https://www.dtnpf.com/…)
3. Your views on tech: Our Progressive Farmer magazine is surveying farmers on how they evaluate and adopt new agricultural technologies -- from precision tools and automation to equipment upgrades and data-driven management decisions. Results from this 10-question survey will be featured in the magazine's August issue as part of our cover story on how farmers decide which new technologies to invest in. All responses are confidential, and published survey results will remain anonymous. Completing the 4-minute survey enters you into a drawing to win one of 10 $100 gift cards. Here is the link to the survey:
https://www.surveymonkey.com/…
4. Have fertilizer prices plateaued? Quick-rising fertilizer prices may have hit a price wall, according to recent DTN retail fertilizer price surveys. One week does not a trend make, but that's why we'll be watching it this week. The latest column, by DTN Staff Reporter Russ Quinn, is here: https://www.dtnpf.com/… .
5. Reports due this week (some reports delayed one day due to the Memorial Day holiday): Monday, no U.S. reports scheduled. ICE Canada markets are open. Tuesday at 8 a.m. we'll have the S&P Case-Shiller Home Price Index for March followed at 9 a.m. by the latest Consumer Confidence index. At 10 a.m., Grain Inspections, then at 3 p.m. the weekly USDA NASS Crop Progress report, with DTN analysis. Wednesday at 2 p.m. Broiler Hatchery data. Thursday at 7:30 a.m. we'll see Grain Export Sales, Initial Jobless Claims, and Durable-goods orders numbers. At 9 a.m. New Home Sales. At 9:30 a.m. EIA's Weekly Petroleum Status report, including ethanol production and stocks. At 2 p.m., Livestock Slaughter and Slaughter Weekly. Friday at 7:30 a.m. we'll see Grain Export Sales and the Gross Domestic Product 2nd Revision for Quarter 1, the latest Personal Income and Spending numbers, Personal Consumption Expenditures (PCE) Index, PCE year-over-year data, Advanced U.S. Trade Balance for April and the Advanced Retail and Wholesale Inventories for April. At 8:45 a.m., Chicago Business Barometer. At 2 p.m., Poultry Slaughter and Milk Production data. At 2:30 p.m. CFTC's Commitments of Traders report is released.
You can find DTN Field Posts podcasts at https://dtn.link/…, or https://www.dtnpf.com/… and they're also available on podcast hosting sites such as Apple Podcasts and Spotify.
Watch for the latest news at www.dtnpf.com and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer. You can find our news on Instagram as well. Give us a follow @dtn.agnews.
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