A report on February U.S. durable goods orders will be out at 7:30 a.m. CDT Friday, the only significant report of the day. Traders will continue to monitor the latest weather forecasts and keep an eye on financial markets. Traders will also pause at 8 a.m. CDT, having gotten accustomed to USDA announcing a corn export sale.
Weather
Widespread rain and thunderstorms are occurring along a stalled front in the Ohio Valley back to a system moving through the Southern Plains. Thunderstorms are strong Friday morning across Oklahoma and Texas and will move through the Lower Mississippi Valley later Friday with significant risks of severe weather. Meanwhile, heavy rain will continue in the Ohio Valley. As the system moves northeast along the front later Friday night, a band of snow will develop across the Midwest and could be heavy for a small stripe from eastern Iowa through Michigan.