Thursday, July 18, 2024

Thursday Watch List

USDA's weekly export sales report is due out at 7:30 a.m. CDT, the same time as weekly U.S. jobless claims and an update of the weekly U.S. Drought Monitor. An index of leading U.S. economic indicators will be out a 9 a.m., followed by the U.S. Energy Department's weekly report of natural gas storage at 9:30 a.m.

Weather

A cold front continues its pursuit southward, settling from Texas into the Carolinas for Thursday with scattered showers and thunderstorms. Isolated showers and thunderstorms will also develop in the High Plains as well. Temperatures have become much more comfortable behind that front across the Corn Belt, reducing stress for any areas that have missed out on the recent rainfall.