Markets
In addition to keeping one eye on the weather forecast and one eye on trade news, there are plenty of reports on Thursday's docket. Weekly export sales, jobless claims and an update of first quarter U.S. GDP start the day off at 7:30 a.m. CDT. An index of pending home sales at 9 a.m. is followed by natural gas inventory at 9:30 a.m. CDT. Thursday's reports end at 2 p.m. with the release of USDA's quarterly hogs and pigs report.
Weather
Light to moderate rain is in store for the northern Midwest Thursday. Other primary crop areas will be dry. Temperatures will continue trending to seasonal to above-normal levels. Warmer and drier conditions will be favorable for row crop development and winter wheat harvest.
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