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Tuesday, June 2, 2020

Tuesday Watch List

Markets
There are no official reports on Tuesday's docket, but traders will be watching for a possible soybean export sale announcement after rumors circulated Monday. The latest weather forecasts will be of interest and after Monday's confusing experience, it wouldn't be surprising to find other rumors develop, concerning China.

Weather
Dry with very warm to hot conditions will cover most crop areas Tuesday. Precipitation will be confined to light rain crossing the northern Midwest. Heat and sunlight will generally favor crop progress, with adequate to surplus soil moisture in many areas.