At 7:30 a.m. CDT Friday, the U.S. Labor Department will report on non-farm payrolls and the unemployment rate in April. Traders will keep an eye on the latest weather forecasts and pause at 8 a.m. CDT to see if USDA has an export sale announcement. A report on U.S. consumer credit in March follows at 2 p.m. CDT.
Weather
Isolated to scattered showers are expected across the eastern Midwest and up and down the Plains on Friday. Other areas will be dry. This will promote fieldwork and planting for much of the country while providing some soil moisture as well. Winds across the Northern Plains have raised red flag warnings and threats for fires. Lower temperatures will remain in place across the Midwest, unfavorable for crop progress.