USDA's weekly export sales report is due out at 7:30 a.m. CDT, the same time as weekly U.S. jobless claims, U.S. personal income and an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly report on natural gas storage is set for 9:30 a.m. At 11 a.m., USDA will release its Prospective Plantings survey and quarterly report of March 1 Grain Stocks.
Weather
A storm system that has brought heavy precipitation and severe weather this week will push its cold front through the East Coast on Thursday. Severe weather will remain a possibility for the East Coast while showers in the Midwest will wind down throughout the day. Colder air settling in behind the system could lead to some localized frost issues in some areas, though winter wheat is likely not advanced enough to be hurt too badly by the cold.