USDA's weekly export sales will be out at 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims and an update of the U.S. Drought Monitor. The U.S. Energy Department's weekly natural gas storage report follows at 9:30 a.m. Traders continue to watch over the latest weather forecasts and the possibility of another Israeli offensive into a Hamas stronghold.
Weather
A system that produced significant severe weather in Mid-South on Wednesday is pushing a front toward the Gulf and East Coasts, which will see the threats continue for Thursday. All modes of severe weather will be possible. A stretched-out trough will maintain some showers from the Central Plains through the Midwest as well as provide some cooler temperatures.