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Thursday, September 8, 2022

Thursday Watch List

In case you missed the earlier memo, USDA is having technical difficulties and won't provide a new weekly export sales report until September 15. There will be a report of U.S. weekly jobless claims at 7:30 a.m. CDT Thursday, along with an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly natural gas storage is due out at 9:30 a.m., followed by weekly energy inventories at 10 a.m.

Weather

Hot temperatures continue from the West into the Plains and Upper Midwest Thursday with triple-digit readings yet again in some areas. However, a strong cold front is dipping down from the Canadian Prairies and will be bringing much colder air with it. Temperatures will fall more than 20 degrees behind the front and narrow bands of showers will develop in the Northern Plains. Other areas of the country will remain dry with drought increasing in the Central and Southern Plains.