Markets
After a report on consumer confidence at 9 a.m. CDT Tuesday, grain traders will brace themselves for USDA's Acreage and June 1 Grain Stocks reports at 11 a.m. CDT. Ongoing interests in weather and export news will round out the day's attention.
Weather
Thunderstorms with locally heavy rain and severe potential are in store for the Northern Plains and southern Midwest Tuesday. Flood potential is widespread in the southern Midwest due to the prospect of heavy rain. Some flooding is also possible in the far Northern Plains. Other crop areas will be dry. Hot and dry conditions in the Southern Plains will favor wheat harvest but will continue to stress row crops and livestock. Irrigation demand in drier areas is extensive.
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