Markets
The latest weather forecasts from South America remain high on the list of trader attention Thursday as does any export news that develops. At 7:30 a.m. CST, USDA's weekly export sales, weekly U.S. jobless claims and an update of the U.S. Drought Monitor will all be released. At 9:30 a.m., the U.S. Energy Department provides the latest natural gas inventory. OPEC and other oil producers are set to meet Thursday in hopes of reaching an agreement on production levels for 2021.
WeatherAdditional light snow is in store for portions of the southern Plains Thursday, offering some possible moisture for winter wheat while causing travel and safety issues. We'll also see periods of light rain in the Delta and freezing fog and air quality concerns prominent in the Northwest. Dry conditions are in store elsewhere.