Markets
Thursday morning has the usual lineup of reports at 7:30 a.m. CDT: weekly export sales, U.S. jobless claims, and an update of the U.S. Drought Monitor. Fourth-quarter U.S. GDP will also be released, followed by U.S. natural gas inventory at 9:30 a.m. USDA's quarterly hogs and pigs report is set for 2 p.m. CDT and will also compete for attention with weather, trade news and the latest coronavirus statistics.
Weather
Very warm, dry and windy conditions Thursday will lead to notable wildfire threats and stress to winter wheat in the Southern Plains. Elsewhere, light rain and snow will occur in the north-central Plains, with light rain in the northern Midwest. Rain expands into more of the Midwest Friday, with severe storms possible. Temperatures will be well above normal in central and southern areas and near to below normal north.
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