The U.S. Energy Department's weekly inventory report is due out at 9:30 a.m. CDT, including ethanol production. Traders continue to monitor the latest weather forecasts and watch for any news from Ukraine.
Weather
After an active severe weather day Tuesday, the Southeast will have another day of severe storms on Wednesday. A system pinwheeling in the Midwest will send its cold front farther east throughout the day with a line of showers and thunderstorms. Storms are likely to develop in the warm and humid air ahead of it in the Southeast. Meanwhile, colder and windy conditions continue to flow into the Plains and Midwest behind the system.