USDA's weekly report of export sales is due out at 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims, first quarter U.S. GDP and an update of the U.S. Drought Monitor. The Energy Department's weekly report of natural gas storage is set for 9:30 a.m. Russia continues to keep traders on edge and the latest weather forecasts also remain important.
Weather
A weak disturbance will produce some scattered showers across the midsection of the country on Thursday. Some pockets of moderate to heavy rain will be possible but will be isolated in that regard. Another system moving into the Pacific Northwest will set up a stronger system for Friday and the weekend. Temperatures will remain cool across the north but are rising across the Central and Southern Plains.