A report on February U.S. durable goods orders is due out at 7:30 a.m. CDT and don't be surprised if it is less than expected, as many reports for that cold February have been. The U.S. Energy Department releases its weekly inventory report at 9:30 a.m. and traders will check in on last week's ethanol production pace, in addition to the latest weather forecasts and export sales news.
Weather
Rain showers will cover much of the Great Lakes and portions of the eastern Midwest Wednesday. Snow showers will also occur in the far southwestern Plains along with portions of the Northwest. These occurrences continue the unsettled pattern over the central U.S. which will remain through the end of the week. The pattern turns drier during the six to ten-day period.