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Thursday, March 30, 2023

Thursday Watch List

USDA's weekly export sales report will be out at 7:30 a.m. CDT, the same time as weekly U.S. jobless claims and updates of second-quarter U.S. GDP and the U.S. Drought Monitor. The U.S. Energy Department's natural gas storage report is set for 9:30 a.m., followed by USDA's March 1 hog and inventory report at 2 p.m.

Weather

A strong storm system that has been building in the West the last couple of days is moving into the Plains on Thursday. Strong winds will be the first noticeable change to the region while scattered showers and thunderstorms will develop later in the day across the Plains and into the Midwest. A band of moderate to heavy snow will develop overnight across southeast Montana, northeast Wyoming and South Dakota and continue eastward for Friday. More impacts will be felt on Friday across the eastern half of the country.