To begin October, USDA will release its weekly Export Sales report at 7:30 a.m. CDT on Thursday. In the afternoon, USDA's Economic Research Service will release their updated Commodity Costs and Returns estimates at 1 p.m. CDT. At 2 p.m. CDT, NASS will release a series of crop demand reports: the monthly Oilseed Crush, Grain Crush, and Cotton Consumption.
Weather
A front continues to produce heavy rain as it moves slowly through the Central Plains and Midwest on Thursday, with heavy rain falling from Kansas to Michigan. An extension southward through Oklahoma and Texas is also an area seeing heavy rain and thunderstorms. Flooding has been an issue with this front this week, which continues on Thursday as well. Drier weather is developing behind the front across the Northern Plains, a pattern which will continue to spread through the country the rest of the week.