Traders continue to keep a close watch on the latest weather forecasts and any observed rainfall amounts. There is a June report on U.S. retail sales due out at 7:30 a.m. CDT Friday, followed by the University of Michigan's consumer sentiment index at 9 a.m. CDT At 11 a.m. CDT, USDA will put out its monthly Livestock, Dairy and Poultry outlook.
Weather
Moderate to heavy showers will continue along a frontal boundary on Friday from the southeastern Plains through the eastern Midwest. Some flooding will be possible with the rain but will be otherwise good for developing to reproductive row crops.