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 and an update of the weekly U.S. Drought Monitor. U.S. existing home sales for July will be out at 9 a.m., followed by the U.S. Energy Department's weekly report of natural gas storage is at 9:30 a.m.
Weather
A small system is pushing a cold front through the eastern Dakotas down to western Nebraska early Thursday morning. Clusters of showers and thunderstorms are found in the Red River Valley as well as the Nebraska-Kansas border area. While storms are forecast to diminish in the south Thursday morning, they may refire as the front stalls out with the northern cluster expanding into the Upper Midwest by the evening. Some of these storms could be stronger and bring locally heavy downpours.