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Friday, April 3, 2020

Friday Watch List

Markets
Friday morning's reports will focus on the economic slowdown with U.S. nonfarm payrolls and unemployment due out at 7:30 a.m. CDT. The rest of traders' attention will turn to the latest coronavirus statistics and any news pertaining to OPEC or grain trade. Given the excessively bearish market climate, weather forecasts haven't gotten much respect lately, but are still important factors to monitor.

Weather
Friday will be a wet day from north to south in the western Midwest along with the southeastern Plains. Rain and mixed precipitation are in store, keeping soils wet and leading to some flood potential. Other crop areas will be dry. Warm conditions in eastern and southern areas will offer field work chances.