USDA's weekly export sales report is due out at 7:30 a.m. CDT Thursday, along with weekly U.S. jobless claims and an update of the U.S. Drought Monitor. At 9:30 a.m., the Department of Energy will release its weekly report of natural gas storage. The latest weather forecasts and any news from the war in Ukraine will continue to be closely watched.
Weather
A system continues to push showers through the Eastern Corn Belt and Northeast on Thursday. Its cold front remains draped across the middle of the country and more showers and thunderstorms are expected to develop later today, especially over Kansas and Missouri before heading north overnight. Some of those storms could be severe with a large hail threat. A system moving through the West will produce widespread showers before moving into the Plains on Friday.