Reports for Friday include USDA's Food Price Outlook at 10 a.m. CDT. In the afternoon, USDA will also release their monthly Cold Storage and Poultry Slaughter reports, as well as their annual Dairy Products report, all at 2 p.m. CDT. Finally, at 2:30 p.m. CDT, CFTC will release their weekly Commitments of Traders report, updating positions as of Tuesday, April 21.
Weather
A storm system has moved up into the Canadian Prairies where pockets of moderate to heavy snow will be falling throughout the day. Some of that snow will get into Montana as well. The cold front to the system will push through the Midwest with scattered showers and thunderstorms, but will be more widespread along the southern end of the front. Storms Friday morning are still holding together and are forecast to remain so as they move through the Delta throughout the day. Some heavy rain and severe weather will be possible with these storms.