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Tuesday, July 2, 2019

Tuesday Watch List

Markets
Tuesday's trading in grains is apt to be quiet in this holiday-shortened week with no official reports on the docket. Weather forecasts continue to earn market attention as well as any trade news that might emerge, especially with China.

Weather
Light to locally moderate rain is in store for most of the Midwest Tuesday, keeping soil moisture at high levels for crops. Rain will cover the majority of the central U.S. Tuesday night through Wednesday as well. Row crop moisture is favorable, but thunderstorms will disrupt winter wheat harvest.