USDA's weekly export sales will be released at 7:30 a.m. CDT Thursday, the same time as weekly jobless claims, U.S. durable goods orders for June, a report on second-quarter U.S. GDP and an update of the U.S. Drought Monitor. The Energy Department's weekly report of natural gas storage follows at 9:30 a.m.
Weather
A hot ridge continues to dominate the U.S. with widespread heat and humidity causing stress to anything living outside. The northern edge of the ridge continues to be an active place with thunderstorms expected to develop across the Corn Belt, some of which may be significantly severe across the Upper Midwest Thursday afternoon and evening. A cold front has worked itself through Canada and will bring relieving temperatures from north to south in the coming days.