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Wednesday, November 1, 2023

Wednesday Watch List

Reports of manufacturing indices from around the world will roll in overnight with the U.S. index due out at 9 a.m. CDT Wednesday. The U.S. Energy Department's weekly report of energy inventories follows at 9:30 a.m. At 1 p.m., the Federal Reserve announces its decision on interest rates, expected to stay unchanged. At 2 p.m., NASS releases its monthly report on Fats and Oils.

Weather

Cold air has fully pushed into the country east of the Rockies early Wednesday with widespread frosts and freezes for most areas except those areas adjacent to the coast. Some lake-effect snow lingers in the eastern Great Lakes and Northeast early in the day but will wane later Wednesday. Dry conditions elsewhere will give potential for completing some late fieldwork during the start to the last month of fall.