Traders will be checking the latest forecasts ahead of the weekend, any news about Ukraine and will pause at 8 a.m. CST to see if USDA has an export sale announcement. At 9 a.m., the University of Michigan's index of consumer sentiment will have an early outlook for March, the only report on Friday's docket.
Weather
An arctic cold front continues its trek southeast through the country on Friday and will make more progress. A band of light snow is falling from West Texas into Michigan, which will move east with the front today. Moist air from the Gulf will be drawn northward and increase precipitation along the front later in the day across the Southeast, which could lead to a round of severe thunderstorms. Cold, arctic air continues to move in behind the front and could cause some frost damage to unprotected wheat.