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What DTN Is Watching

At 7:30 a.m. CDT Friday, the Census Bureau will release personal income and consumer spending data for April. Traders will be watching the latest weather forecasts, checking for any updates of Russia's offer to allow food and grain out of Ukraine and will also watch for any news of an export sale. Trading volume could be lower heading into the Memorial Day weekend, possibly opening the door to strange happenings.

Weather

A system that has brought moderate to heavy rain throughout the week continues to slowly push eastward on Friday. Showers continue over the eastern Midwest through the East Coast. A system in the Pacific Northwest will push into the Northern Plains and Canadian Prairies later today, bringing scattered showers and shutting the door on the good drying conditions for North Dakota and eastern Prairies. Waves of showers will continue through the weekend into early next week.