Markets
Weekly grain export sales, U.S. jobless claims, U.S. producer prices and an update of the U.S. Drought Monitor are all due out at 7:30 a.m. CDT Thursday. Natural gas inventory will be issued at 9:30 a.m., followed by the June WASDE and Crop Production reports at 11 a.m. CDT. Weather forecasts will also be monitored as will any trade news.
Weather
Dry conditions will cover all major crop areas Thursday. Temperatures will be seasonally warm in northern through southeastern areas and very warm to hot in drier southwest areas. This combination will allow for flooding to ease and favor crop progress and winter wheat harvest.
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