USDA's monthly cattle on-feed inventory and U.S. cattle inventory reports, both for July 1 are due out at 2 p.m. CDT, the only significant reports on Friday. Traders continue to keep close watch on the latest weather developments and happenings in Ukraine.
Weather
A cold front pressing south through the country will continue to produce areas of showers and thunderstorms, some possibly severe with heavy rain. Fairly comfortable temperatures remain north of the front with largely drier conditions. Some isolated showers may be possible farther north in the Plains.