USDA will lead off Thursday with the weekly Export Sales report at 7:30 a.m. CDT. Later in the afternoon at 2 p.m. CDT, ERS will release a number of monthly commodity outlooks, following up USDA's forecasts from Tuesday's WASDE.
Weather
A strong storm system is building in the Canadian Prairies on Thursday where areas of heavy rain and thunderstorms may produce some severe weather. Strong winds are found there and into the Northern Plains as well for Thursday. The cold front to the system will push eastward through the Plains and Upper Midwest, sparking some thunderstorms. A few of those could be severe over the Central Plains.