Traders will again focus on South American weather and watch for export sales out at 7:30 a.m. CST. The USDA Ag Outlook Forum is also taking place and we will get a look at their new crop balance sheets. Other government reports out include Initial Jobless claims, U.S. Retail Sales, and Industrial Production.
Weather
A clipper system providing snow to the Great Lakes and rain showers to the Eastern Midwest will exit these regions Thursday. Another clipper from the Northern Rockies will enter the Dakotas and Central Plains later Thursday into the evening, possibly providing a band of six inches of snow across southern South Dakota and northern Nebraska.