There will be initial and continuing jobless claims and a Chicago Purchasing Managers Index (PMI) report out early. We will also be watching for any weather changes for South America, and we will watch for any new export sales and the weekly export sales out at 7:30 a.m. CT.
Weather
After some severe weather moved through on Wednesday, lingering showers continue in the Southeast on Thursday with some potential for localized flooding. Cold still remains across the northern tier of the country while dryness continues to hurt wheat in the southwestern Plains.