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Top 5 Things to Watch 05/04 06:56
Farm Bill Progresses, Soy Board Stalls
Washington is under heavy watch, as we track the farm bill progression along
with the Trump administration's refusal to accept four female members of the
United Soybean Board.
By DTN Staff
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for
the week of May 3. 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. Market drivers: Traders will keep an eye on Iran developments along with
U.S. and South American weather and any new old-crop soybean demand.
2. Farm bill advances: We'll monitor the farm bill advancement following
last week's passage in the House. For our latest piece on the bill, see here:
https://www.dtnpf.com/agriculture/web/ag/news/article/2026/04/30/farm-bill-advan
ces-senate-e15-battle.
3. USB refusals: We're watching the unexplained decision by the Trump
administration refusing to approve the nominations of five people, including
four females, nominated to the United Soybean Board. For the latest, see here:
https://www.dtnpf.com/agriculture/web/ag/columns/washington-insider/article/2026
/05/01/farmers-rejected-soy-checkoff-board.
4. Weather stays stormy: A conglomeration of troughs continue across the
Central and East, a ridge is still pushing into western Canada, and another
trough is moving underneath the ridge into the Southwest. That trough will
continue across the far south during the next few days. The main trough complex
may shift a bit to the east this week, but will largely stay intact through
next week, getting fed by some additional disturbances moving over or through
the western ridge.
5. Reports due this week: Monday at 10 a.m., Grain Inspections. At 3 p.m.
USDA NASS Crop Progress, including DTN analysis. Tuesday at 7:30 a.m., U.S.
Trade Balance March. At 9 a.m. are Job Openings (JOLTS) for March and New Home
Sales for February and March. At 2 p.m., County Estimates for corn, soybeans
and sorghum. Wednesday at 7:15 a.m., ADP Employment. At 9:30 a.m. EIA Weekly
Petroleum, including ethanol production and stocks. At 2 p.m., Broiler Hatchery
and Dairy Products. Also, Statistics Canada will release the stocks of
principal field crops. Thursday at 7:30 a.m. will see Grain Export Sales,
Initial Jobless Claims, and U.S. Productivity. At 9 a.m., Construction
Spending. At 10:30 a.m., Weekly Economic Index. At 2 p.m., Slaughter Weekly.
Friday at 7:30 a.m., U.S. Employment report, U.S. Unemployment rate and U.S.
Hourly Wages. At 9 a.m. Wholesale Inventories for March and Consumer Sentiment
May (preliminary). At 2 p.m., Agricultural Chemical Usage -- Field Crops, as of
March 31.
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 http://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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