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Wednesday, November 18, 2020

Wednesday Watch List

 Markets

The U.S. Census Bureau issues its report on October housing starts at 7:30 a.m. CST, followed by the Energy Department's weekly energy inventories at 9:30 a.m. As usual, traders will pay attention to the latest weather forecasts and any trade news that develops.

Weather

Warm, dry and windy conditions are in store in the Plains through western Midwest Wednesday. This pattern favors the final stage of row crop harvest but is stressful in winter wheat areas. Red flag wildfire warnings cover much of the Plains. Eastern Midwest areas will be cooler but dry with improved harvest prospects. Rain and snow continue in the Northwest.