There are no significant reports on Friday's docket. USDA has not had a daily export sale announced since February 17 and, after Thursday's dismal export sales report, traders may stop checking in at 8 a.m. to see if anything shows up. The latest weather forecasts, however, do remain a topic of interest.
WeatherA storm system is moving out of the Plains through the Midwest on Friday and into the Northeast Friday night. The system is producing widespread moderate to heavy rain and snow that will mix in from Missouri to Michigan and across the Northeast with time. Strong to severe thunderstorms will press east through the Tennessee Valley and Southeast and through the Mid-Atlantic as well. Winds are increasing around the eastern half of the country and in some areas significantly so, with gusts over 50 mph in the Tennessee Valley.