Back from the weekend, there will be plenty of attention on the latest weather forecasts as more of the corn crop reaches or nears pollination stage. Outside market news also continues to make investors nervous and will be monitored. USDA's weekly report of grain export inspections is due out at 10 a.m. CDT, followed by Crop Progress at 3 p.m. Traders may be a little cautious ahead of Tuesday's WASDE and Crop Production reports.
Weather
A cold front that went through the Northern Plains over the weekend will continue to push through the northern tier of the country on Monday. The front will produce scattered showers and thunderstorms, some of which may be strong to severe. Heat will continue south of the front in the Plains, putting stress on drier areas but allowing good conditions for winter wheat harvest. The Southeast will continue to see more scattered showers and thunderstorms due to an old front.