USDA's weekly export sales report is set for 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims, a new estimate of first-quarter U.S. GDP and an update of the U.S. Drought Monitor. More reports follow with U.S. pending home sales in April at 9 a.m. and natural gas storage at 9:30 a.m. Traders remain attentive to changes in weather.
Weather
Yet another day of isolated to scattered showers are expected in the Plains, being heaviest in parts of the drought across the southwest. Additional strings of showers and thunderstorms are expected for the Northern Plains into the Canadian Prairies as well. Outside of some cool temperatures across the Midwest, it remains rather warm as well.