Markets
Forty-five days after USDA's Acreage report, the market will receive the results of a second planting survey that should be more accurate in Monday's WASDE report, due out at 11 a.m. CDT. USDA's Farm Service Agency will also release its first estimate of prevented plantings at the same time. USDA's usual weekly inspections report will be out at 10 a.m. CDT, followed by its Crop Progress report at 3 p.m. CDT.
Weather
Monday features heavy rain and heat stress in the central U.S. Moderate to heavy rain is in store in the Northern Plains and western Midwest with flash flood potential. Meanwhile, stressful heat will cover the Southern Plains, southern Midwest, Delta and Southeast. Temperatures will be cool north and stressfully hot south.