Markets
Thursday is first notice day for U.S. grain futures and it will be interesting to see if corn deliveries are lighter than usual at these cheap prices or if supplies are being let go. Weekly grain export sales, U.S. jobless claims, U.S. personal incomes and an update of the U.S. Drought Monitor are all set for 7:30 a.m. CDT. U.S. natural gas inventory is at 9:30 a.m. Traders also remain interested in the latest news about coronavirus, meat processing plants and weather forecasts.
Weather
Thursday will be dry and warm across the primary crop areas. This will favor field drying and planting progress. Winter wheat conditions are still less than desired in the Southern Plains.