Markets
Wednesday's main event will be the Energy Department's weekly inventories, include ethanol production and an estimate of last week's gasoline demand at 9:30 a.m. CDT. USDA's monthly cold storage report is at 2 p.m. CDT. The latest weather forecasts, updates of meat processing plants and coronavirus statistics will round out the rest of Wednesday's market interests.
Weather
Showers and thunderstorms will cross the Southern Plains and expand into the Mississippi Valley and Delta Wednesday. The rain will disrupt fieldwork and may cause flash flooding. We’ll also see light rain in the Northwest with dry conditions elsewhere. Meanwhile, cold conditions in the Ohio Valley May bring freeze damage.