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Top 5 Things to Watch 08/23 05:03
Top 5 Things to Watch: Rain Shifts to South, US-Mexico Border Points Begin
to Reopen for Livestock
Weather patterns shift south, some deterioration in corn conditions, plus
ample demand bring a late bullish turn as harvest approaches.
By DTN Staff
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for
the week of Aug. 23. Watch for coverage of these and other topics throughout
the week on our subscription platforms as well as on http://www.DTNPF.com.
Note that all report release times are Central Daylight Time unless
otherwise noted.
1. Checking the crop: We'll continue to watch progress of this 2026 corn and
soybean crop, as field reports continue to talk about issues such as poor
pollination and other concerns brought on by that intense hot, dry period for
much of the country in July. We'll look at the USDA NASS weekly Crop Progress
report Monday afternoon, and comparing that to the comments analyst Joel Karlin
makes in his recent Fundamentally Speaking column here:
https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/
2026/08/20/corn-ratings-continue-slip-despite.
2. Preharvest bulls: Markets continued to push higher this past week, and
our analysts will watch for signs of continued bullishness, particularly in
corn. Upper pressure could remain until we start to see the combines roll in
the central Corn Belt.
3. U.S. weather: The stalled weather boundary that led to the heavy rainfall
and flooding during the past weeks is shifting a more sweeping activity across
the Midwest that can still bring rain. We're also seeing the rain pattern shift
more southerly, which will help dry areas but could hamper harvest in the South.
4. Mexico border opens: On Monday, we expect cattle to renew moving across
the U.S. southern border, starting with the Douglas, Arizona, port of entry.
The border has been closed since May 2025 due to New World screwworm. Entry
ports at Santa Teresa, New Mexico, and Columbus, New Mexico, are expected to
open soon after. The first case of NWS was detected in the U.S. on June 3, 2026.
5. Reports due this week: Monday at 10 a.m., Grain Inspections. At 2 p.m.,
Chicken and Eggs report, then at 3 p.m., the weekly USDA Crop Progress report
with DTN analysis. Tuesday at 8 a.m. the S&P Case-Shiller Home Price Index. At
9 a.m. New Home Sales and Consumer Confidence then at 2 p.m., Poultry
Slaughter. Wednesday at 7:30 a.m., Durable Goods Orders for July, Second
estimate of GDP and Personal Income and Spending and PCE Price Index for July.
At 2 p.m., Broiler Hatchery and U.S. and Canadian Cattle and Hogs report.
Thursday at 7:30 a.m., Grain Export Sales, Initial Jobless Claims, Advance
Trade Balance for July, Wholesale and Retail Inventories. At 10:30 a.m., Weekly
Economic Index and at 2 p.m., Slaughter Weekly. Friday at 8:45 a.m., Chicago
Business Barometer. At 2:30 p.m., CFTC's Commitment of Traders report.
You can find DTN Field Posts podcasts at https://dtn.link/FieldPostsPodcast,
or https://www.dtnpf.com/agriculture/web/ag/videos/field-posts-podcasts 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 www.facebook.com/dtnprogressivefarmer. You can find our news
on Instagram as well. Give us a follow @dtn.agnews
(c) Copyright 2026 DTN, LLC. All rights reserved.
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