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Friday, August 12, 2022

Friday Watch List

The University of Michigan's index of U.S. consumer sentiment is set of 9 a.m. CDT Friday, followed by USDA's WASDE and Crop Production reports at 11 a.m. CDT. One hour later, the Farm Service Agency will release its first estimate of prevented plantings in 2022. Traders will keep their usual habits and stay close to the weather forecast.

Weather

A disturbance moving through the Upper Midwest is bringing scattered showers and thunderstorms to Minnesota and Wisconsin Friday morning and will continue to press a bit eastward throughout the day. Some moderate to heavy rain will be possible in spots. Other scattered showers remain possible across the Southeast as a front continues to slip south through the region. Meanwhile, heat continues to be widespread through the majority of the Plains, stressing filling crops.