Markets
Wednesday's most watched report will be the U.S. Energy Department's weekly inventories at 9:30 a.m. CDT and will include last week's ethanol production, inventory and an update of gasoline demand. A report on U.S. industrial production is set for 8:15 a.m. CDT, followed by a monthly report on soybean crush later Wednesday morning and the Federal Reserve's Beige Book at 1 p.m.
Weather
Wednesday features much-below-normal temperatures in northern and central crop areas, along with periods of snow in the Midwest and locally heavy snow in the northwestern Plains. Freeze warnings cover a large portion of the Southern Plains, Delta and eastern Midwest. Winter storm warnings are in effect for heavy snow and strong winds later Wednesday in the northwestern Plains.
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