Markets
Grain traders will assess several new old-crop and new-crop estimates in Tuesday WASDE and Crop Production reports, due out at 11 a.m. CDT. NASS will also have a new survey of 2019 corn and soybean production for northern states. The U.S. Labor Department releases a report on consumer prices in April at 7:30 a.m., followed by the Treasury Department's federal budget at 1 p.m. CDT.
Weather
Tuesday will be cool across the central U.S., hindering crop progress. Freezing temperatures in the northern Midwest may cause some damage to emerged crops. Rain will focus on the southeastern Plains and portions of the Delta. We'll also see light mixed precipitation in the western and northwestern Plains.
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