The U.S. Labor Department releases employment statistics for February at 7:30 a.m. CST, including the unemployment rate. USDA's March WASDE report will be out at 11:00 a.m., followed by DTN's WASDE webinar at 12:30 p.m. USDA will also release Livestock International Trade data at 11 a.m. Traders continue to monitor South American weather forecasts, but it remains to be seen if they consider USDA's South American crop estimates to be relevant.
Weather
A storm system that moved into the Plains on Thursday continues to slowly work its way eastward on Friday. It has already produced widespread showers and thunderstorms and will continue to do so on Friday, moving more through the Midwest and Gulf Coast states throughout the day. The storm is also bringing areas of snow to Nebraska and a risk of severe weather to the Gulf Coast