Markets
Traders are expecting to see a big jump in row crop planting progress in Monday's Crop Progress report and will have to wait until 3 p.m. CDT. The latest weather forecasts, news on coronavirus and meat processing plants will also draw attention. Weekly grain export inspections are due out at 10 a.m. CDT.
Weather
Moderate to locally heavy rain will cross the Northern Plains to the far western Midwest Monday. Other crop areas will be dry. Areas with rain will have useful moisture for recently planted corn and soybeans. Meanwhile, Midwest areas will have improved conditions for planting. Drier wheat areas of the southwestern Plains have no more than light rain indicated. We'll also see additional record heat and dryness in central and western Texas, unfavorable for planting cotton.
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