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What DTN Is Watching

U.S. Commerce Department reports on personal incomes and consumer spending are due out at 7:30 a.m. CDT Friday, the same time as the PCE inflation index for June. The University of Michigan's index of consumer sentiment for July will be out at 9 a.m. Grain traders continue to watch the latest weather forecasts with a view to conditions in August.

Weather

Scattered showers continue near the Gulf Coast on Friday, aided somewhat by an upper-level low in the Southern Plains. A front moving through the Northern Plains will bring some relief to recent triple-digit temperatures along with some isolated showers. Temperatures continue to creep upward in most areas east of the Rockies where showers aren't occurring with cooler air behind the front in the Canadian Prairies.

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