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Thursday, October 3, 2024

Thursday 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 and the weekly U.S. Drought Monitor. U.S. factory orders for August are due at 9 a.m., followed by the Energy Department's weekly report of natural gas storage at 9:30 a.m. The latest weather forecasts and news from the Middle East and Ukraine continue to get trader attention.

Weather

A front is sagging south into the U.S. on Thursday and while it is bringing some slightly chilly air into the Northern Plains and Upper Midwest, it is rather dry. Some spotty showers may form over the Midwest late tonight into Friday, but coverage looks awfully low.