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Thursday, April 29, 2021

Thursday Watch List

USDA's weekly export sales report is due out at 7:30 a.m. CDT Thursday. Sales have been lower lately, but in case you haven't noticed, there's not a lot of excess corn or soybeans available. U.S. weekly jobless claims, the first estimate of first-quarter U.S. GDP and an update of the U.S. Drought Monitor are set for the same time. An index of pending home sales for March will be out at 9 a.m., followed by natural gas inventory at 9:30 a.m. CDT.

Weather

Moderate to heavy rain with some flooding is in store Thursday from the eastern Midwest southwest to southern Texas. Other primary crop areas will be dry. Wildfire threat in the northern Plains is noted for Friday.