Early Thursday there are a host of economic reports coming out, with initial jobless claims, trade balance and factory orders all giving us some indication of how the economy is doing. Along with that, DTN will be watching for developments at the Gulf export facilities with respect to power outages and structural damage. Of course, we will be watching to see if China shows up in 8 a.m. sales announcements to confirm rumors of soybean buying.
Weather
A front slowly moving through the Plains will bring areas of moderate to locally heavy rainfall into Minnesota and Iowa tonight. Rainfall will help to ease drought but will not be very useful for corn or soybeans at this point in the season.