On Thursday, USDA will lead off at 7:30 a.m. CDT with their weekly Export Sales report, which will be of particular interest to the soybean market to gauge recent demand from China. In the afternoon at 2 p.m. CDT, USDA will also release their Weekly Slaughter report.
Weather
A system continues to produce pop-up showers and thunderstorms in the Southeast on Thursday. A front is pushing through the southern end of the Corn Belt and will get showers and thunderstorms going as well. A few of these could be severe. Yet one more disturbance will be producing areas of showers and thunderstorms in the Northern Plains and Canadian Prairies, also with a risk of severe weather.