Inflation-watchers will keep an eye on the Labor Department's report of consumer prices for February, due out at 7:30 a.m. CST. At 9:30 a.m., the Energy Department will release its weekly report of energy inventories, including ethanol. The U.S. Treasury reports on the federal budget for February at 1 p.m. CST. Weather and exports will also be part of traders' attention.
Weather
Wednesday features a swath of moderate to locally heavy precipitation across the northern Plains and northern Midwest, occurring as rain east and snow west. Areas south of the precipitation swath will have very windy and warm conditions including widespread fire threat in the southern Plains.