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Wednesday, January 22, 2020

Wednesday Watch List

Markets
On this holiday-shortened week of trading, Wednesday's reports include U.S. existing home sales at 9 a.m. CST and a monthly cold storage report at 2 p.m. Traders are also paying attention to the latest weather forecasts for South America and any hints of export activity, especially from China.

Weather
Rain, mixed precipitation and snow will cross the eastern and southeastern Plains, western Midwest, and Delta Wednesday. Transportation delays along with safety hazards and livestock stress will occur. The precipitation also threatens flooding along with keeping soils saturated ahead of spring field work.