The U.S. Commerce Department will report on the trade deficit for April at 7:30 a.m. CDT and provide export data that will be released by USDA later Wednesday morning. At 9:30 a.m., the U.S. Energy Department's weekly inventory report will be out, including ethanol production. Traders will continue to monitor the latest weather forecasts.
Weather
A cold front continues to push south and west through the Midwest on Wednesday, which is bringing in some cooler air into the region from Canada. It is also bringing some isolated showers on the western half of the front, which are sorely needed but not nearly enough. Additional showers and thunderstorms will move again through the Prairies and Plains to the Gulf Coast as well.