Markets
After a long planting season and amid great uncertainty, USDA will release its Acreage and June 1 Grain Stocks reports at 11 a.m. CDT, likely centers of attention for Friday's grain prices. Earlier at 7:30 a.m., a report on U.S. personal incomes will be followed by a report on consumer sentiment at 9 a.m. CDT. On Saturday, President Donald Trump is set to talk trade with China's President Xi Jinping.
Weather
Most crop areas will be dry Friday, with very warm to hot conditions. Rain will be limited to portions of the Northern Plains, northern Midwest, and Delta. Conditions are generally favorable for row crop development and winter wheat ripening and harvest.
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