A report on U.S. durable goods orders in March is set for 7:30 a.m. CDT Wednesday, followed by the Energy Department's weekly inventory report at 9:30 a.m. USDA's monthly cold storage report will be out at 2 p.m. Traders are keeping close watch on weather conditions around numerous global crop regions.
Weather
A stalled front in the southern half of the Plains will be the focus for some showers and thunderstorms on Wednesday, the precursor to some more active weather the region will see over the next couple of weeks. Across the Midwest, that front has brought in a round of colder air, which led to some frosts Wednesday morning and probably more widespread cold for Thursday morning.