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Wednesday, March 25, 2020

Wednesday Watch List

Markets
Wednesday starts with a February report of U.S. durable goods orders at 7:30 a.m. CDT. Given recent sharp drops in energy prices, the Energy Department's weekly inventory report will get plenty of attention at 9:30 a.m., including numbers for ethanol. U.S. and South American weather, any trade news and the latest coronavirus statistics will also be noticed.

Weather
Light rain and snow will cross the Northern Plains and northern Midwest Wednesday. Other primary crop areas will be dry, with a notable warmer trend in many central and southern areas. Wildfire danger will be high in the southwestern Plains due to warm, dry and windy conditions. The generally drier trend will also allow for some easing of very wet soils ahead of spring fieldwork.