Markets
Coronavirus statistics are likely to be the first thing traders check after the three-day weekend. Weather and any reported progress among the world's oil producers to cut production are likely close items to follow. USDA's weekly report of grain export inspections is due out at 10 a.m., followed by a Crop Progress report at 3 p.m. with updates on corn and spring wheat planting and winter wheat crop conditions.
Weather
Monday features freezing conditions and possible damage to jointing wheat in the Southern Plains. We'll also see possibly severe thunderstorms in the Southeast. Other crop areas will be drier after a stormy weekend which featured northern snow and severe thunderstorms and tornadoes in the south. Fieldwork in northern crop areas is stranded after snow. Meanwhile, strong winds in the Midwest will hinder any fieldwork and transportation. Below normal temperatures are in store all week, further delaying planting.
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