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Thursday, August 27, 2020

Thursday Watch List

Markets
Thanks to China's recent buying spree, Thursday morning's weekly export sales report will get plenty of attention at 7:30 a.m. CDT and be joined by weekly U.S. jobless claims, a second estimate of second-quarter U.S. GDP and an update of the U.S. Drought Monitor. Natural gas inventory is released at 9:30 a.m. and the latest weather forecasts will offer an update of rain expectations from Hurricane Laura.

Weather
Hurricane Laura will bring heavy rain and high winds into portions of the Deep South Thursday. Some of this moisture will also work into the southeastern Midwest. Other primary crop areas will continue to be dry. Temperatures again have a very warm to hot trend for all but far northern areas.