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Top 5 Things to Watch
Monday, May 20, 2024 6:44AM CDT

OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of May 5. 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 times are Central Daylight Time (CDT) unless otherwise noted.

1. This Week's Weather: Several disturbances and systems will move through the country during the week and into the next weekend. This will keep the precipitation pattern active, especially through the Corn Belt. Systems will have slight access to Gulf of Mexico moisture, which can create heavy rain with thunderstorms in the active pattern. Temperatures will be up and down as systems go by but be favored to be cooler in the Northern Plains and Prairies and warmer across the South and East.

2. Wheat Tour Thoughts: We'll recap this past week's Hard Winter Wheat tour, with broader thoughts and reflections from Crops Editor Jason Jenkins. For Jenkins' final report from the tour itself, including national yield expectations, see here: https://www.dtnpf.com/…

3. Bird Flu Numbers Rise: We'll be continuing to report on the situation around highly pathogenic avian influenza (HPAI), or bird flu, in U.S. dairy herds.

4. Cattle Bulls Back in Town: Despite chilling news on bird flu in dairy herds, we're continuing to watch how low herd numbers prop up prices. The latest thoughts on the beef situation can be heard in our Field Posts podcast, Episode 192, featuring DTN Livestock Analyst ShayLe Stewart. Listen to Stewart's conversation with Field Posts host Sarah Mock here: https://www.dtnpf.com/….

5. Economic Reports This Week: Monday, at 10 a.m. we'll see the latest Grain Inspections report. Milk Production hits at 2 p.m., followed by our coverage of the weekly USDA Crop Progress report at 3 p.m. Tuesday, no reports. Wednesday, at 9 a.m., the Existing Home Sales report is released, and then at 9:30 a.m. the EIA Weekly Petroleum report, including ethanol production and inventory is live. At 11 a.m. is the release of the minutes of the Fed May FOMC meeting. At 2 pm, Broiler Hatchery numbers are available. Thursday reports start early with Grain Export Sales and Initial Jobless Claims out at 7:30 a.m., followed by the 8:45 a.m. S & P flash services and manufacturing PMI. At 9 a.m. is New Home Sales, then Livestock and Poultry Slaughter at 2 p.m. Friday reports start at 7:30 a.m. with Durable Goods Orders. At 9 a.m. the Consumer Sentiment and the Michigan Consumer Survey numbers drop. At 2 p.m. the latest Cattle on Feed report is out, then the 2:30 p.m. release of the CFTC Commitment of Traders report

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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