Markets
USDA's weekly export sales report will be released at 7:30 a.m. CST Friday, followed by weekly energy inventories from the Energy Department at 10:00 a.m. The Friday after Christmas will likely be a day of quiet trading, but any trade news concerning China will be examined and a surprise is always possible. This week's holiday also pushes CFTC's Commitments of Traders report to Monday afternoon.
Weather
An intense storm system in New Mexico Friday will move to the Great Lakes during the weekend. This system will bring rain to the Southern Plains Friday, with western through north-central Plains moderate to heavy snow and south-central Plains through western Midwest rain and mixed precipitation Saturday and Sunday. Blizzard and whiteout conditions are possible along with river basin flooding. Moisture favors winter wheat, but snow and cold will stress livestock along with causing transportation and safety hazards.
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