Markets
Fresh off of Monday's Grain Stocks and Crop Progress reports, market attention will turn back to weather, trying to figure out how these immature crops will fare through wet harvest conditions. An index of U.S. manufacturing is scheduled for 9 a.m. CDT and U.S. soybean crush statistics will be updated at 2 p.m. China celebrates its 70th anniversary with a one-week holiday.
Weather
Moderate to heavy rain is in store for the southwestern and central Plains through the western and northern Midwest Tuesday. Flash flooding is likely, along with hail and high winds. Harvest disruption will be widespread. Meanwhile, the northwestern Plains will be cool, while very hot and dry conditions remain in place from the Ohio Valley through the Delta and Southeast.
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