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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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Will USDA 'Save the Day' in Corn + U S Post Midterm Election Ag Impact

Video: Will USDA 'Save the Day' + U S Post Midterm Election Ag Impact

Will the 2026 USDA November crop report redeem itself after a shocking higher U.S. 2026 corn yield in October?
The Democrats taking control of Congress and the Senate was not on anyone’s bingo card except ours!
The AI stock selloff knee jerk reaction over Dem’s looking to slow done the AI build out is a gift!
The Dems will now try to reign in Trump on the Iran war, tariffs (first 100 days tariffs on Canada could be removed), immigration and the corruption in the Trump administration. E15 and a new farm bill in 2027 may struggle with gridlock in Washington.
Does China walk away with U.S. ag trade as Trump has lost leverage? China to buy more U.S. ag but hinges on U.S. tariff reductions? Hang Tung Resources signs $600 million China agreement of U.S. wheat and sorghum.
Crude oil plunges 8%.
U.S. Midwest soil moisture profile is a concern.
Brazil looks wet in the next 10 days.
Hogs to new contract lows.
+ CFTC