USDA's weekly export sales report is due out at 7:30 a.m. CDT Thursday, along with U.S. jobless claims, the producer price index for July and an update of the U.S. Drought Monitor. The U.S. Energy Department's natural gas inventory report is due out at 9:30 a.m. At 11 a.m., USDA's WASDE and Crop Production reports for August will be released with new U.S. crop estimates featured.
Weather
A frontal boundary will remain active across the southern Midwest with continued showers and thunderstorms. Some storms could be severe, but not to the extent we have seen the last couple of days. Hot and humid weather is found south of this front, which is stressing crops in some of the locally drier areas in the Central and Southern Plains and Delta.