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Wednesday, August 2, 2023

Wednesday Watch List

The Energy Department's weekly energy inventories will be out at 9:30 a.m. CDT Wednesday and is the only significant report of the day. Traders continue to keep close watch over the weather and any news regarding Ukraine's grain shipments.

Weather

A stalled boundary around Missouri is especially active early Wednesday morning with heavy rain and training thunderstorms from southern Iowa and along the Mid-Mississippi Valley. This zone is forecast to be especially active for much of the day, which could bring flooding rains to areas in significant drought and potential severe weather. The boundary will be active across the Central Plains as well.