Markets
Thursday is a busy day for reports. At 7:30 a.m. CDT, USDA's weekly export sales, U.S. jobless claims, May durable goods orders and an estimate of first-quarter U.S. GDP are released along with an update of the U.S. Drought Monitor. USDA's Hogs and Pigs report is due out at 2 p.m. CDT, the first inventory estimate since meat plants were closed due to coronavirus concerns.
Weather
Thursday will be dry with very warm to hot conditions across all primary crop areas. Rain will be confined to light showers on the Gulf Coast and in isolated areas of the Plains. This combination will favor crop growth and wheat harvest.
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