USDA's weekly export sales report will be out at 7:30 a.m. CDT, the same time as weekly U.S. jobless claims, the producer price index for March and an update of the U.S. Drought Monitor. The U.S. Energy Department reports on natural gas in storage at 9:30 a.m. Traders will keep track of the latest weather developments, especially in the U.S. and Brazil.
Weather
A storm system moving north from the Gulf of Mexico is spreading showers into the Southeast on Thursday. Another system moving through the West will see showers increasing across the Plains as well. Some heavy snow will move through Montana while the snowpack farther east will continue melting. Warm and breezy conditions continue ahead of the storm system with another good day for fieldwork occurring for most areas.