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




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