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Monday, July 20, 2020

Monday Watch List

Markets
With corn pollinating around the country and soybeans starting to set pods, the latest weather forecasts continue to get a hard look from grain traders. USDA's weekly report of grain export inspections is out at 10 a.m. CDT, followed by the Crop Progress report at 3 p.m. CDT.

Weather
Monday features light to moderate rain with locally heavy amounts for portions of the western Midwest and Northern Plains. This moisture will be very timely for row crops following the past weekend's heat and dryness. Other crop areas will be dry. Stressful heat has moderated in the interior U.S. and is focused on the East Coast Monday. However, southern crop sectors will continue to see very warm to hot conditions