USDA's weekly export sales report is due out at 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims, February housing starts and an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly report of natural gas storage is out at 9:30 a.m. After two days of corn export sales, traders will be watching to see if another export sale gets reported Thursday and will also have antenna up for any further bank problems.
Weather
A storm system is moving from the Central Plains to the western Midwest on Thursday. Scattered showers have already developed across South Dakota and Nebraska and will expand across more of the central states throughout the rest of the day. This is including a band of moderate to heavy snow from Nebraska to Lake Superior and potential for severe storms across the southeastern Plains, most notably along the Red River. Winds are also elevated and where it coincides with the snow, could create some blowing snow and visibility issues.