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Monday, December 2, 2019

Monday Watch List

Markets
Updated weather forecasts are probably the first things traders will check the first Monday of December, along with any trade news that might have come out over the weekend. USDA's weekly export inspections are due out at 10:00 a.m. CST. In the afternoon, the monthly Fats and Oils report is at 2 p.m., CFTC's Commitments of Traders report is at 2:30 p.m. and a USDA update on harvest progress follows at 3 p.m. CST.

Weather
Most primary crop areas will be dry Monday. Moderate to heavy snow cover in the Dakotas, Wisconsin, and Michigan -- where corn harvest is the most delayed -- will impede additional harvest progress. Dry conditions in the 10-day forecast offer some improvement for late harvest.