What We Are Watching

Markets

StatsCan Model-based Principal Field Crop Estimates – August at 7:30 a.m. CDT

Housing starts and Building permits at 7:30 a.m. CDT

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

Federal Reserve September Interest Rate Decision at 1 p.m. CDT followed by Fed Chair Powell Press Conference

Weather

An extremely slow-moving system in the Plains continues to produce widespread rainfall for the middle of the country on Wednesday. Because it is moving so slowly, rainfall amounts are heavy in some areas and could produce some localized flooding over the next couple of days.