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Thursday, July 7, 2022

Thursday Watch List

The U.S. Labor Department's weekly report of jobless claims is due out at 7:30 a.m. CDT, the same time as the Census Bureau releases the trade deficit for May. USDA will release more specific export data from the Census Bureau later Thursday morning. The U.S. Energy Department releases natural gas storage at 9:30 a.m., followed by energy inventories and ethanol production at 10:00 a.m. USDA's weekly export sales report will be out Friday morning, due to this week's holiday schedule.

Weather

Thursday brings another day with widespread shower and thunderstorm potential for northern and central crop areas, with locally heavy rain and benefit to crops. Southern areas will be dry and hot, especially in the Southern Plains. Crop and livestock stress continues.