Markets
The Federal Reserve begins a two-day meeting Tuesday and expectations are low for a major change in policy, but comments will be watched on Wednesday. An index of consumer confidence is Tuesday's only official report, due out at 9 a.m. CDT. U.S. coronavirus statistics remain crucially important and have looked more optimistic lately. Weather forecasts, trade news and meat plant updates are all of interest.
Weather
Showers with light to moderate rain totals will cross the northern and western Midwest along with portions of the Delta Tuesday. Areas with rain will have some fieldwork and planting interruptions. Drier conditions elsewhere will offer progress, notably in the Plains. Heavy rains in some eastern Midwest areas during the past weekend mean extensive interruptions in fieldwork. Western and northern Plains wheat will be stressed by very dry, windy and hot conditions, which also bring high wildfire potential.
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