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Thursday, October 14, 2021

Thursday Watch List

If you're looking for USDA's weekly export sales report Thursday morning, you'll have to wait one more day as Columbus Day resulted in schedule changes this week. U.S. weekly jobless claims will be out at 7:30 a.m. CDT, along with a report on U.S. producer prices and an update of the U.S. Drought Monitor. The U.S. Energy Department will have its report of natural gas storage at 9:30 a.m. CDT, followed by weekly energy inventories at 10 a.m. Traders remain interested in weather forecasts and any news of an export sale.

Weather

The front to this week's system is stalling from the eastern Midwest back through Texas. This front remains active on Thursday with scattered showers and thunderstorms that could become severe and cause additional moderate to locally heavy rainfall. Other areas to the west of this front are trying to recover from the large storm system that moved through and is now in central Canada.