USDA's weekly export sales will be out at 7:30 a.m. CDT, the same time as weekly U.S. jobless claims, an update of first-quarter U.S. GDP and an update of the U.S. Drought Monitor. The Energy Department's weekly natural gas storage report is at 9:30 a.m. USDA's Prospective Plantings survey and report of March 1 Grain Stocks will be out at 11 a.m., followed by USDA's quarterly Hogs and Pigs report at 2 p.m.
Weather
A system that is moving through the Pacific Northwest will be moving into the Northern Plains and Canadian Prairies on Thursday, producing areas of scattered showers, mostly as snow. Quieter conditions are expected elsewhere as temperatures start to rise ahead of the inbound system. Snow cover will limit some of the warming in the Upper Midwest and surrounding areas.