USDA's weekly export sales report is due out at 7:30 a.m. CDT, the same time as U.S. weekly jobless claims, durable goods orders for September, third-quarter U.S. GDP and an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly report of natural gas storage is set for 9:30 a.m. and traders will continue to keep an eye on the latest weather developments, especially in South America.
Weather
The zone of precipitation that has been active across the middle of the country all week continues on Thursday with areas of heavy rain from Texas into the Midwest and heavy snow in the Northern Plains, though a little farther south than previous days. Very cold temperatures are pouring into the Northern Plains and will sweep south and east going into next week.