Welcome

Welcome

Monday, December 16, 2019

Monday Watch List

Markets
Traders will likely be talking about and watching for more information on the phase one trade deal that was reached on Friday. Documents have not been signed yet so it will be a while before details are nailed down. Weather forecasts remain important and USDA will have its weekly report of export inspections at 10 a.m. CST. The National Oilseeds Processors Association will publish a monthly soybean crush estimate later in the morning. USDA has tabled Crop Progress reports until April 6, 2020.

Weather
Moderate to heavy snow and rain are in store for the southern Plains and southern Midwest Monday. Snow offers benefit for winter wheat, but will cause transportation and safety hazards along with possibly ending field work for the year. We'll also see rain in the Delta and Mid South. Temperatures will be cold north and central and very warm south.