The EIA will kick off April with their weekly Petroleum Status report, due out Wednesday morning at 9:30 a.m. CDT. At 11 a.m. CDT, USDA will release their final monthly State Stories Conditions Report before weekly Crop Progress reports resume next Monday. Finally, after the close at 2 p.m. CDT, USDA will release their Fats and Oils: Oilseed Crushings and Grain Crushing and Co-Products Production reports, with crush data for February.
Weather
A front continues to produce scattered showers and thunderstorms in the Midwest early Wednesday, but the main story is a system moving into the Plains. Some snow has already started to develop in the Northern Plains, increasing throughout the day. Additional showers and thunderstorms will develop across the Central and Southern Plains Wednesday afternoon and evening, some of which could be severe. Precipitation will spread into the Upper Midwest Wednesday night, which will turn to freezing rain going into Thursday.