At 7:30 a.m. CST Wednesday, third-quarter U.S. GDP will get its third estimate, followed by a report on November U.S. existing home sales and an index of consumer confidence at 9 a.m. The Energy Department's weekly inventory report is set for 9:30 a.m., likely to show another active week of ethanol production. USDA's monthly cold storage report will be released at 2 p.m. CST.
Weather
A system is moving into western states on Wednesday with showers spreading through the region, though concentrated toward the coast. Outside of the Northeast, all other areas will be dry during the day as conditions continue to be poor for winter wheat in the southwestern Plains.