USDA's weekly report of export sales is due out at 7:30 a.m. CDT, along with weekly U.S. jobless claims and an update of the U.S. Drought Monitor. The U.S. index of leading indicators for October will be out at 9 a.m. CST, followed by the Energy Department's natural gas storage report at 9:30 a.m. CST. Traders will be watching for any new export sales announcements and will monitor the latest weather forecasts.
Weather
A mature system in Ontario continues to push a cold front southeast through the eastern portions of the country on Thursday. Scattered showers are found along the front from the Delta into the eastern Midwest and these showers will continue behind the front today. Some snow showers will continue across the northern Midwest as well. Areas in the Plains remain dry, which has been hurting winter wheat establishment, especially as temperatures fall below normal at times, causing freezes.