At 9:30 a.m. CDT, the U.S. Energy Department will issue its weekly inventory report, including ethanol production. Traders remain attentive to weather, the war in Ukraine and the skittish mood of outside markets, facing another interest rate hike in September and an OPEC+ meeting on Monday, September 5.
Weather
A front has dragged down to Texas and the Gulf Coast for Wednesday, where showers will continue, especially in Texas. A few more showers and thunderstorms could pop up around Nebraska this afternoon and evening, but most areas to the north will be dry with rising temperatures.