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Thursday, November 21, 2019

Thursday Watch List

Markets
As usual, 7:30 a.m. CST is a busy time Thursday with weekly grain export sales, weekly jobless claims and the U.S. Drought Monitor set for release. Early Thursday, the National Weather Service will have new forecast for December, in addition to its usual forecasts. U.S. existing home sales and leading index of U.S. indicators are out at 9 a.m., followed by natural gas storage at 9:30 a.m. and an update of U.S. propane supplies Thursday afternoon.

Weather
Thursday features rain and snow in the Midwest, disrupting harvest and transportation. Rain is also in store for portions of the Southern Plains, offering some moisture for winter wheat. In South America, rain is indicated over northeastern crop areas of Brazil.