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Friday, February 23, 2024

Friday Watch List

Traders continue to watch South American weather reports for any hints of support in corn and soybean prices. USDA's weekly export sales will be out at 7:30 a.m. CST. Cattle on-feed and monthly cold storage will both be out at 2 p.m.

Weather

Showers from a warm system continue in the Southeast on Friday. A cold front will drop through the Great Lakes in association with a weak clipper as well. Some limited showers will develop over the eastern Midwest later Friday into Saturday. That may include some snow, but amounts are expected to be very light. Temperatures will briefly fall behind this front, but only for a day as they rise again Saturday and continue to be very warm going into next week across most of the country.