Weather - Crop Damage

Markets

The Energy Information Administration will release their weekly Petroleum Status report on Wednesday morning at 9:30 a.m. CDT. Later in the afternoon at 2 p.m. CDT, USDA will release their monthly Livestock, Dairy, and Poultry Outlook. Traders continue to keep an eye out for new developments in the war in the Middle East.

Weather

Widespread showers and thunderstorms continue across the Central U.S. on Wednesday as yet another system moves through. Though the risks for severe weather are not as great as earlier in the week, pockets of stronger thunderstorms continue to look likely from central Texas up through the Midwest, especially Wednesday afternoon and evening again. Areas of heavy rain may produce more flooding for areas that are consistently hit by thunderstorms, especially in the Great Lakes.