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Wednesday, October 6, 2021

Wednesday Watch List

Investors will take note of ADP's estimate of U.S. private sector jobs for September at 7:15 a.m. CDT, a possible hint to Friday's unemployment report. With energy prices on the rise, the U.S. Energy Department's weekly inventory report will get close attention, including last week's ethanol production. As usual, traders will check the latest weather forecasts and watch for any news of an export sale.

Weather

An upper-level low in the Delta will slowly drift northward over the next several days and the scattered showers we have been seeing in the Southeast will follow it northward through the Midwest. Showers could produce some delays to harvest where they hit. Otherwise, it is another good day for harvest in the Plains and most of the Midwest.