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May WASDE, A North Dakota View and Weather

Here are the Top 5 things the DTN Newsroom is tracking for the week of May 7. Watch for coverage of these and other topics throughout the week on our subscription platforms as well as on DTNPF.com.

1. May Grains Report, WASDE on Friday: The latest World Agricultural Supply and Demand (WASDE) report drops at 11 a.m. CDT. This is the month when USDA shifts crop years, so there is typically a bit of adjusting to production numbers. DTN Lead Analyst Todd Hultman will have a report preview ahead of the actual report; he will hold an hour-long webinar discussing the report's effect on markets at 12:30 CDT on Friday. To register for the webinar, go here: https://www.dtn.com/….

2. Global water issues: Farm leaders from around the world are gathering in Lincoln, Nebraska for the 2023 Water For Food Global Conference. We'll cover the event which tackles issues around the ongoing conflict between urban and rural/farm uses of water, and the challenges brought on by climate change, soil degradation, water access and economic disparity.

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Fertilizer Prices Stay Volatile as Russia and Hormuz Disrupt Supply

Video: Fertilizer Prices Stay Volatile as Russia and Hormuz Disrupt Supply

Fertilizer markets remain volatile heading into 2027. Veronica Nigh of The Fertilizer Institute explains how the Strait of Hormuz, Russia, China and tight sulfur supplies are affecting fertilizer costs and availability. She breaks down risks for nitrogen, phosphate and potash, why phosphate remains the biggest concern, and what growers should expect next.