What We Are Watching

Markets

Initial Jobless Claims at 7:30 a.m. CDT

Q1 GDP First Revision at 7:30 a.m. CDT

EIA Petroleum Status Report including weekly ethanol production at 9:30 a.m. CDT

Outlook for U.S. Ag Trade at 2 p.m. CDT

Weather

An upper-level cutoff low-pressure system that has been spinning around the Midwest all week continues on Thursday. Isolated showers will be found across the region. But an impulse rotating around it will produce more batches of heavier rain and thunderstorms across the South throughout the day and may clip the southern Midwest Thursday night into early Friday.

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