Thursday looks busy with USDA's weekly export sales, U.S. jobless claims, report on fourth-quarter U.S. GDP and the U.S. Drought Monitor all out at 7:30 a.m. CDT. At 9:30 a.m., the U.S. Energy Department releases its weekly report of natural gas inventory. USDA follows at 2 p.m. CDT with its quarterly report of hogs and pigs inventory. Weather forecasts and any fresh export sales will also be noticed.
Weather
Thursday features moderate to locally heavy rain in the Delta and Mid-South, along with periods of snow in the Northwest. Areas with rain will have field work disruptions along with a threat of flooding. Heavy rain potential moves into the eastern Midwest Thursday night. Dry northern areas will again be bypassed by precipitation.