USDA will lead off Thursday with its Weekly Export Sales report at 7:30 a.m. CST. Later, at around noon, the Buenos Aires Grain Exchange (Argentina) will release their weekly crop condition report. Lastly, USDA will release their weekly slaughter report at 2 p.m. CST. In addition to scheduled reports, traders will watch for any reportable export sales at 8 a.m. CST especially following Wednesday's optimistic soybean trade update from President Trump.
Weather
Cold air continues to exist across the East while temperatures in the West and Plains are well above normal for February. A clipper system in Canada is producing scattered snow showers around the Great Lakes on Thursday and will eventually resupply eastern areas of the country with one last round of arctic cold air this weekend.