2. RFS discussions: The Refined Fuels Standard continues to be refined as EPA and others weigh in on the what’s best for the industry and consumers. For the latest on RFS decisions, see Todd Neeley’s story here: https://www.dtnpf.com/…
3. Disease season starts: Wet conditions are beginning to bring disease opportunities where crops are in the proper growth stage. Experts are already concerned about tar spot on corn; for our latest on that disease see Crops Technology Editor Pamela Smith’s story here: https://www.dtnpf.com/…. And if wanted to hear more on what the summer weather outlook is and how that might affect your crops, check out the recent Field Posts podcast, Episode 245 with DTN Ag Meteorologist John Baranick at https://www.dtnpf.com/….
4. Thursday market holiday: U.S. Markets will be closed Thursday for the Juneteenth holiday. DTN coverage of U.S. markets will end on Wednesday with our Closing Market Video and reporting, and will restart on Friday at 6:30 a.m. with Early Word analysis. We will update Canadian market happenings Thursday.
5. Economic reports to watch: Monday at 10 a.m. we’ll have latest Grain Inspections data, followed at 3 p.m. by the USDA NASS weekly Crop Progress report. Tuesday reports begin at 7:30 a.m. with the U.S. Retail Sales and Import Price Index. At 8:15 a.m. we’ll see Industrial Production and Capacity Utilization data, then at 9 a.m. Business Inventories and Home Builder Confidence Index data is out. Wednesday starts with 7:30 a.m. with Housing Starts, Building Permits and Initial Jobless Claims numbers. At 9:30 a.m. the EIA Weekly Petroleum status, including ethanol production and stocks, followed by 10:30 a.m. Weekly Economic Index data. At 1 p.m. comes FMOC (Fed) interest rate decision and Chairman Powell’s press conference. At 2 p.m. we’ll have latest Broiler Hatchery data. Thursday is Juneteenth holiday, with U.S. markets closed. Friday is a catch-up day, starting with 7:30 a.m. Grain Export Sales and the Philadelphia Fed Manufacturing Survey for June. At 2 p.m. the latest USDA Cattle-On-Feed report and Slaughter Weekly numbers hit, followed by the 2:30 p.m. release of CFTC’s Commitment of Trader’s report.
BONUS DTN Content: The next DTN Ag Summit Webinar, themed Future of the Cowherd, is scheduled for June 24 from 10 a.m. to noon. The cattle market tends to move in 10-year cycles, but this time, the cowherd is facing a wider range of challenges to its regrowth, including trade disruptions and drought. We’ll discuss how weather will affect hay supplies this year and then dive into the longer-term implications of feed availability, markets and politics on the future of the beef herd. DTN Livestock Analyst ShayLe Stewart explains what it all means for your future profitability. Other speakers that will join Stewart and webinar host DTN Farm Business Editor Katie Dehlinger on this webinar include DTN’s Ag Meteorologist John Baranick and Senior Livestock Editor Jennifer Carrico; and Oklahoma State University Livestock Marketing Specialist Dr. Derrell Peel.
You can see more about the event and sign up for it at https://dtn.link/….
Want to hear Dehlinger talk more about the speakers and topics, as well as more details on how to register? You can watch the most recent DTN Reporter’s Notebook video at https://www.dtnpf.com/….
You can listen to DTN Field Posts podcasts at https://www.dtnpf.com/…, https://www.buzzsprout.com/… and they’re also available on podcast hosting sites such as Apple Podcasts and Spotify.
Watch for the latest news at http://www.dtnpf.com, and follow and like our Facebook page at http://www.facebook.com/dtnprogressivefarmer. You can find our news on Instagram as well. Give us a follow @dtn.agnews
Read more on DTN Progressive Farmer
