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Friday, May 31, 2019

Friday Watch List

Markets
USDA's weekly export sales report is due out at 7:30 a.m. CDT Friday, along with a report on U.S. personal income, and followed by the University of Michigan's consumer sentiment index at 9 a.m. CDT. Weather remains the main concern of grain markets early in 2019, while trade talks with China have turned uncomfortably quiet.

Weather
Friday will be dry over most crop areas, allowing for some field drying and improved planting conditions, especially in the Northern Plains and western Midwest. Rain is indicated for western and central Texas, along with portions of the Ohio Valley. Dryness continues in the Southeast, Northwest and Canadian Prairies.