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Thursday, July 25, 2024

Thursday Ag News Watch List

USDA's weekly export sales report is due out at 7:30 a.m. CDT Thursday, the same time as weekly U.S. jobless claims, second-quarter U.S. GDP, U.S. durable goods orders in June and an update of the weekly U.S. Drought Monitor. The U.S. Energy Department's weekly report of natural gas storage is at 9:30 a.m., followed by USDA's monthly cold storage report at 2 p.m.

Weather

An old frontal boundary continues to create a zone of showers and thunderstorms from southeast Texas to the Carolinas on Thursday where bouts of heavy rain will be possible. A new front is moving through the Canadian Prairies and into Montana during the day, which could spark some rain as well but mostly for northern Alberta. Heat is slowly building eastward ahead of that front into more of the Plains, being especially hot in the Northern Plains.