USDA's weekly export sales report is due at 7:30 a.m. CST Thursday, the same time as weekly U.S. jobless claims and an update of the U.S. Drought Monitor. Statistics Canada releases December 31 stocks estimates at 8 a.m., followed by the Energy Department's report on natural gas storage at 9:30 a.m. USDA's WASDE report will be out at 11 a.m. with DTN's WASDE webinar at 12:30 p.m.
Weather
A storm system in the Northern Plains will move into Ontario by Thursday night, dragging a cold front through the Midwest that will produce some showers and thunderstorms. Snow continues on the backside of the low across the Northern Plains and Canadian Prairies. Breezy winds will accompany the system across the Plains and Midwest. Temperatures behind the front are dropping, but are still warm for February.