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Farmers and Crops Swelter as Temps Turn Up

Farmers and Crops Swelter as Temps Turn Up

July has brought the heat for DTN’s View From the Cab farmers. This week they discuss crop conditions, testing inputs and more.

Crops

Corteva Names Seed Spinoff Vylor, Targets Q4 2026 Separation

Corteva Names Seed Spinoff Vylor, Targets Q4 2026 Separation

Corteva’s planned seed and genetics spinoff will carry the name Vylor Inc., the Indianapolis-based agriscience company announced on Monday.

Market News

DTN Feed Corn Six Factors

DTN Feed Corn Six Factors

For Members

For Members

TREND: The trend in most active corn futures is sideways for now. NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-long futures position of 131,463 contracts as of July 14, and were net-buyers of 30,483 contracts during the CFTC reporting period as traders returned to buying with conditions across the U.S. Corn Belt turning hot and […]
DTN Feed Corn Analysis and Recommendations
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For Members

DTN Weekly DDG Price Steady on Average
Periodic Updates on the Futures Markets
For Members

For Members

DTN Weather Trend Indicators
The Market Never Waits for Perfect Information

Farm Business

Top 5 Things to Watch: Cooling Temps, House Bills Heat Up

Top 5 Things to Watch: Cooling Temps, House Bills Heat Up

Both the U.S. and Europe will see a break from searing temperatures, while House committees pick up the reconciliation bill that includes the latest Farm Bill draft.

Livestock

Product of USA Label Gains Steam, But Divide Remains Over Mandatory Origin Rules

Product of USA Label Gains Steam, But Divide Remains Over Mandatory Origin Rules

Ten more meat and poultry companies recently adopted the voluntary Product of USA label. Organizations differ on whether voluntary labeling or mandatory country-of-origin labeling best serves consumers.

Machinery News

FTC Orders Deere to Open Repair Tools to Farmers, Shops in Landmark Settlement

FTC Orders Deere to Open Repair Tools to Farmers, Shops in Landmark Settlement

John Deere settled with the Federal Trade Commission and five states, requiring the company to provide independent repair shops and equipment owners nationwide with full access to its repair tools and resources.

Ag Policy

House GOP Approves Budget Blueprint Authorizing Up to $12B in Farm Aid

House GOP Approves Budget Blueprint Authorizing Up to $12B in Farm Aid

House Republicans approved a budget blueprint authorizing up to $12 billion in farm aid, sending spending instructions to the House Agriculture Committee as the measure heads toward a House floor vote next week.

What DTN is Watching

Markets

Friday looks to be a quiet day for reports, with CFTC to release their weekly Commitments of Traders report at 2:30 p.m. CDT, wrapping up the week with a look into trader positions as of Tuesday, July 14. Otherwise, traders will continue to monitor the ongoing conflicts in the Black Sea and Persian Gulf, as well as U.S. weather which will remain critical for the next 30-45 days.

Weather

A large plume of wildfire smoke continues to work across the Great Lakes and into the Mid-Atlantic on Friday. In addition, isolated showers will expand across the region as a system moves through Ontario. Both should help to cut temperatures back a few degrees, but high heat continues in the Northern Plains and Upper Midwest.

Ag Interest Rate Snapshot

DTN Ag Interest Rate Snapshot
TODAY– LAST YEAR
as of:7/17/267/17/25
BENCHMARKS
Prime Rate6.758.25
30-Day Libor5.19
1-Year Libor5.91
10-Yr. Treasury4.533.73
CCC Loan Rate4.8755.750

The Week Ahead

Monday, July 20

Ag Reports: Export Inspections 10:00 a.m., Crop Progress 3:00 p.m.

 

Tuesday, July 21

No Ag Reports Scheduled

 

Wednesday, July 22

Ag Reports: Broiler Hatchery 2:00 p.m., Milk Production

 

Thursday, July 23

Ag Reports: Weekly Export Sales and Shipments 7:30 a.m., Slaughter Weekly 2:00 p.m., Livestock Slaughter 2:00 p.m.

 

Friday, July 24

Ag Reports: Cattle on Feed 2:00 p.m., Cold Storage 2:00 p.m., CFTC Commitments of Traders 2:30 p.m.

***All times listed are Central***

This information compiled by Kim Ruberti, DTN associate editor. She can be reached at kim.ruberti@dtn.com

Weather

Weather

Frost Potential, But Not Guaranteed; Three Ingredients Needed for Frost Formation
Ag Weather Forum
Strong Front Pushes Farther South, Snow Forming in Central High Plains Tuesday
DTN Online Weather
For Members

For Members

Southern Rain, Midwest Frosts Saturday
DTN Online Weather
For Members

For Members