There are no significant reports Friday and markets in China are closed until Feb 19 for the Lunar New Year. Traders will sort through Thursday's estimates from USDA and Conab and keep watch over South American weather. Traders will also monitor the latest rise in oil prices and tensions in the Middle East.
Weather
A system that went across the north on Thursday stalled a cold front from Kansas to Michigan for Friday morning. That front and areas a bit to the south will light up with showers throughout the day while light snow flies across the far north. Despite colder temperatures than earlier this week, temperatures behind the cold front are still higher than normal.