By DTN Staff

OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of June 28. Watch for coverage of these and other topics throughout the week on our subscription platforms as well as on www.DTNPF.com.

Note that all report release times are Central Daylight Time unless otherwise noted.

1. Acreage and Stocks Reports: Tuesday the USDA Acreage and quarterly Grain Stocks reports are released at 11 a.m. We'll have our flash report on the numbers at that time, followed by analysis and updates throughout the hour. At 12:30 p.m. is our free Rhett's Reaction webinar, featuring analysis by DTN Lead Analyst Rhett Montgomery. You can sign up for that webinar here: https://ag.dtn.com/…. See Montgomery's preview of the USDA reports at https://www.dtnpf.com/….

2. Short marketing week: U.S. commodity and equities markets are closed Friday ahead of the Independence Day holiday weekend. DTN analysis will pick back up Sunday night (July 5). Canada markets are open July 3, but are closed July 1 for the Canada Day holiday.

3. Weather shifts to hot, dry: A pattern change will bring more heat to the Corn Belt and shift the storm track into the upper Midwest. Conditions become hotter and more humid, which may increase plant growth and cause crops to use up some of the excess moisture the central Midwest has seen. This week's precipitation will be more likely across the drier north, which may also be beneficial. How positive this overall shift will be for summer crops depends on if this heat wave is temporary, or if we're looking at prolonged heat and dryness. Forecast models are so far inconsistent through mid-July. For more on this see DTN Ag Meteorologist John Baranick's latest thoughts here https://www.dtnpf.com/….

4. Canada benefits from shift: The northern shift means increased chances of rain in the Canadian Prairies during the weekend and throughout the week. Temperatures are expected to remain lower for the rest of June, then warm in early July, which would promote crop growth. Despite the warm up, the showers are likely to continue in early July, favorable for developing wheat and canola, though some areas of severe weather and flooding will be possible. See more on where the heavy rain may be in Canada's Prairies by going to https://www.dtnpf.com/….

5. Reports due this week: Monday at 10 a.m., Grain Inspections. At 2 p.m., Agricultural Prices and at 3 p.m., USDA NASS weekly Crop Progress, including DTN analysis of crop and grazing lands conditions. Tuesday at 8 a.m., Case-Shiller Home Price Index April, then at 9 a.m., Consumer Confidence and Job Openings (JOLTS). At 10:30 a.m. will be the Statistics Canada Principal field crop area data. At 11 a.m. is USDA's Acreage and quarterly Grain Stocks reports, with DTN analysis through the morning. At 2 p.m., Egg Products data. Wednesday at 7:15 a.m., ADP National Employment report, then at 8:45 a.m., Manufacturing P.M.I for June. At 9 a.m., Construction Spending and ISM Manufacturing. At 9:30 a.m., EIA weekly petroleum and ethanol production. At 2 p.m., Broiler Hatchery, Fats and Oils and Grain Crushings. Thursday at 7:30 a.m. Grain Export Sales, Weekly Jobless Claims and Unemployment rate for June. At 9 a.m., Factory Orders for June. At 2 p.m., Dairy Products and Slaughter weekly. Friday there are NO reports due to Independence Day holiday.

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