USDA Moves to Overhaul Crop Reports
USDA officials on Tuesday used the opening of the Farm Progress Show to talk about how they are changing USDA's data collection for crop reports that farmers rely on for market decisions. That includes making surveys easier for farmers to fill out, along with using more satellite information and potentially precision-agriculture data.
DTN Retail Fertilizer Trends
Fertilizers appear to shift lower once again. Six of the eight major fertilizers are lower compared to last month, with the remaining two nutrients being slightly higher. Two fertilizers are leading the way to the downside. DTN designates a significant move as anything 5% or more.
State Announces Hansen-Mueller Payouts
North Dakota announced plans to distribute $778,000 from a surety bond to 28 farmers unpaid for grain by Hansen-Mueller Company.