A report on December U.S. retail sales is due out at 7:30 a.m. CST Friday, followed by December industrial production from the Federal Reserve at 8:15 a.m. The University of Michigan's consumer sentiment index will be out at 9 a.m. CST. After a big week of USDA reports and more export sales, traders will continue to watch for more export news and stay close to the latest weather forecasts.
Cold, snow and strong winds are in store for the western and northern Midwest Friday, including blizzard conditions. Meanwhile, strong winds will batter wheat areas of the Plains. The only other area of precipitation will be light rain in portions of the eastern Midwest.
(c) Copyright 2021 DTN, LLC. All rights reserved.