A public comment period recently closed on a proposed rule to account for small-refinery exemptions in the Renewable Fuel Standard.
What DTN Is Watching
Weekly jobless claims will be out in the morning, along with the Trade Deficit and Factory orders. We will also be watching for any news regarding the U.S. and China trade negotiations. DTN will also be looking at U.S. export sales to see if corn sales pick up and whether soybeans can maintain the positive sales pace.Weather
Showers may occur through west-central and southeast Plains areas later Thursday and in the Delta at night. Snow may develop through the upper peninsula of Michigan during this time. Mainly dry elsewhere in the key U.S. crop areas. In areas without a snow cover this should allow for some harvesting of corn and soybeans. In South America rainfall moves north through Brazil's corn and soybean belt maintaining favorable conditions. Drier weather returns to the central Argentina corn and soybean belt. Dryness remains a significant concern in key growing areas of Argentina.