USDA's weekly export sales report, U.S. weekly jobless claims and an update of the U.S. Drought Monitor are all due out at 7:30 a.m. CDT Thursday. U.S. leading indicators for July are at 9 a.m. and the U.S. Energy Department's report on natural gas storage is at 9:30 a.m. USDA's Livestock, Dairy and Poultry outlook follows at 2 p.m.
Weather
A front is pushing a line of showers and thunderstorms through the Great Lakes on Thursday, some of which could be stronger. Temperatures behind the front are going to be briefly cool while heat in the West starts to bulge out into more of the Plains. Drier conditions are expected for most other areas except in the West, which is seeing monsoon showers increasing ahead of the potential flooding from Tropical Storm Hilary that will move in this weekend and early next week.