Markets
Thursday morning's reports will be familiar: weekly export sales, U.S. jobless claims and an update of the U.S. Drought Monitor all come out at 7:30 a.m. CDT, also joined by a monthly report of the U.S. trade deficit. The Energy Department provides weekly natural gas inventory at 9:30 a.m. Coronavirus statistics, weather and any trade news also remain important topics of interest.
Weather
Thursday features a winter storm system with very cold conditions, ice, snow and strong winds in the Northern and central Plains and portions of the western Midwest. The storm and its effects will delay spring field work for possibly two weeks, along with causing safety issues and livestock stress. The remainder of the western Midwest through south-central Plains will have light to moderate rain, bringing delays to field work. Other crop areas will be dry.
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