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Wednesday, November 6, 2019

Wednesday Watch List

Markets

The U.S. Labor Department releases a monthly report on U.S. productivity at 7:30 a.m. CST, followed by the Energy Department's weekly report of energy inventories at 9:30 a.m. Weather forecasts for both, North and South America remain important as do any developments on the trade front.
Weather

Snow north and some light rain south will slow harvest progress in parts of the Midwest region Wednesday. Rain and thunderstorms through Oklahoma and north Texas Wednesday and Wednesday night will recharge soil moisture for winter wheat. Pre-winter development will continue, although slowed at times of low or very low temperatures during the coming days. Drier elsewhere in the central Plains wheat areas Wednesday. Cold, dry conditions will favor late harvests in the Northern Plains.