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Top 5 Things to Watch
9/06 4:53 AM

OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Sept. 6. 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. Short week: U.S. markets are closed Monday for the Labor Day holiday. DTN market coverage will resume Tuesday morning with our Early Word columns.

2. WASDE Friday: Will USDA cut predicted corn and soybean yields? Weather conditions and field scouting efforts point to that direction, which could further drive a bullish trend to the market just as combines are beginning to roll. We will post our WASDE Flash story with the latest yield, acreage and grain stocks numbers moments after the 11 a.m. release, and update that story throughout the morning. At 12:30 p.m. we'll start the Rhett's Reaction webinar, featuring analysis by DTN Lead Analyst Rhett Montgomery. To sign up, go here: https://www.dtn.com/…

3. Weather pattern remains: General rains the past week have been mainly outside of key Corn Belt areas. The U.S. Drought Monitor has shown increasing dryness into early September. We expect the hot temperatures and spotty, but often severe, storms will continue this week. The South could see movement to a cooler pattern by mid-September but will mostly remain similar to the past few weeks. The Canadian Prairies will be the target of a couple more systems through the week, producing areas of scattered showers and thunderstorms and potential for more areas of heavy rain. That is unfavorable for harvest and may produce quality issues for mature grain out in the field.

4. South America preps for planting: Soil moisture conditions in Brazil are looking good. Less so in Argentina, though there is time for cold, mostly dry conditions to improve by their main planting season in October.

5. Reports due this week: Monday, no reports due to the Labor Day holiday. Tuesday at 10 a.m., Grain Inspections. At 2 p.m., Consumer Credit and at 3 p.m., Crop Progress numbers with DTN analysis of the crop's changes. Wednesday at 7:30 a.m., Stats Canada stocks of principal field crops as of July 31. At 2 p.m., Broiler Hatchery data. Thursday at 7:30 a.m., Weekly Jobless Claims and Producer Price Index (PPI) reports. At 9 a.m., Monthly Wholesale Trade and Existing Home Sales. At 9:30 a.m., EIA weekly petroleum including ethanol production and stocks. At 10:30 a.m., Weekly Economic Index. At 2 p.m., Slaughter Weekly data. Friday at 7:30 a.m., we'll see the Consumer Price Index (CPI). At 1 p.m., the Monthly Treasury Balance, then at 11 a.m., the World Agricultural Supply and Demand Estimates release (see item 2). At 2:30 p.m., CFTC's Commitment of Traders report.

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