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Tuesday, December 24, 2019

Tuesday Watch List

Markets

There are no official reports scheduled for Tuesday, Christmas Eve and federal employees have been given the day off. Most U.S. grain futures close at 12:05 p.m. CST and livestock futures finish 10 minutes later. Traders will also remain interested in any trade details with China that may emerge over the holiday. U.S. grain and livestock futures resume trading Thursday at 8:30 a.m. CST.

Weather

Rain and high-elevation snow during Tuesday from northern California through the western portion of the Pacific Northwest. Snow and rain through the central and southern Rockies mountain region. Mainly dry elsewhere in the key U.S. crop and livestock areas. Favorable conditions for any late fieldwork and for travel during Christmas Eve, outside of the western U.S. In South America the key growing areas of southern Brazil, central and southern Argentina will be dry and hot Tuesday. Somewhat stressful for developing corn and soybeans, especially in Argentina.