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Friday, June 26, 2020

Friday Watch List

Markets
U.S. personal incomes and consumer spending are due out at 7:30 a.m. CDT Friday, followed by the University of Michigan's consumer sentiment index at 9 a.m. Weather forecasts remain a top interest for traders as well as any export news that might emerge.

Weather
Light to moderate rain is in store for portions of the western and northern Midwest along with the Gulf Coastal Bend and southern Delta Friday. Other crop areas will be dry. Temperatures will be seasonal to above normal, with hot conditions noted in dry areas of the southwestern Plains. The general impact is favorable for row crop development and winter wheat harvest.