At 7:15 a.m. CDT Wednesday, the private firm, ADP, will have an estimate of U.S. payrolls for March, an early hint for Friday's unemployment report. The U.S. Energy Department will have a report on weekly inventories at 9:30 a.m. USDA's Prospective Plantings report and March 1 Grain Stocks are set for 11 a.m. CDT. As usual, the latest weather forecasts and any trade news will also be noticed.
Weather
A cold front situated across the Delta and Midwest will move southeastward with moderate scattered showers on Wednesday. Behind the system, temperatures are falling well below normal, inducing some freeze potential for portions of the Plains through Thursday morning and the eastern Midwest and Southeast through Friday morning. Temperatures will be on a rising trend thereafter. This could briefly affect vulnerable winter wheat, but the short duration should not have a profound impact.