USDA's weekly export sales report is set for 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims and an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly report of natural gas storage will be out at 9:30 a.m. Traders will continue to pay close attention to the latest weather forecasts.
Weather
A cold front is backing its way westward through the Corn Belt with a string of showers that continues on Thursday. Some locally heavy amounts remain possible from that. A cold front that is sagging through the Canadian Prairies will be another area of isolated showers into Montana. Parts of the Southern Plains may also see some isolated showers as well. Cooler temperatures continue to settle into the Midwest, easing drought stress.