Markets
Thursday morning starts with the usual lineup of weekly grain export sales, U.S. jobless claims and an update of the U.S. Drought Monitor at 7:30 a.m. CDT, joined by a report of U.S. productivity for the first quarter. A report on U.S. natural gas inventory follows at 9:30 a.m. The latest slaughter reports, weather forecasts and any news on trade or coronavirus will also get traders' attention.
Weather
Light to locally moderate rain will cross the Midwest Thursday. The rain will interrupt field work while offering some useful moisture for winter wheat. A strong cooling trend is beginning; freeze warnings are noted in the northwestern Midwest for overnight Thursday into Friday.
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