Markets
Tuesday morning grain markets are trying to shake off Monday evening confusion about the status of the trade deal with China. President Donald Trump tweeted the agreement is "fully intact." The latest weather forecasts continue to captivate trader attention with any export news a close second. Early Tuesday, trade will likely respond to Monday afternoon's Crop Progress report. The only official report of the day is new home sales in May, set for 9 a.m. CDT.
Weather
Tuesday features light to locally moderate showers in the eastern Midwest and the Southeast, offering some easing of recent drier conditions. Meanwhile, moderate to heavy rain will occur in portions of the far Southern Plains with some flood and severe weather threat. Other crop areas will be dry. Temperatures will be seasonally warm in most areas, favorable for crops and livestock.
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