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Wednesday, October 28, 2020

Wednesday Watch List

 Markets

Traders will check the latest weather forecasts for North and South America and the Black Sea region and also pause at 8 a.m. CDT to see if USDA has an export sale announcement. At 9:30 a.m., the U.S. Energy Department releases its weekly energy inventory report, which includes last week's ethanol production.

Weather

Rain, ice and snow are in store from the Texas Panhandle to the Delta and Deep South Wednesday. This moisture is unfavorable for cotton and will disrupt harvest, while improving conditions for winter wheat. Other crop areas will be drier with improved harvest conditions following weekend rain and snow.