Markets
Thursday morning's 7:30 a.m. CDT reports include USDA's weekly export sales, weekly U.S. jobless claims and an update of the U.S. Drought Monitor. Traders will watch for a possible export sale at 8 a.m., followed by a report on U.S. new home sales at 9 a.m. CDT and natural gas inventory at 9:30 a.m. The latest weather forecasts will also be checked and USDA's quarterly hogs and pigs report is out at 2 p.m. CDT.
Weather
Showers and thunderstorms are in store for the northern Midwest and the Mid-South Thursday, causing harvest disruption. A few scattered showers will also be noted in the southern Plains and western Midwest. Dry conditions will be in effect elsewhere to favor row crop harvest and winter wheat planting.