Markets
Monday's higher crop ratings for corn, soybeans and spring wheat are apt to be bearish market factors for Tuesday's trading. The latest weather forecasts remains important to grain traders with soybeans approaching pod-filling. The Federal Reserve begins a two-day meeting and at 9 a.m. CDT, an index of U.S. consumer confidence is due out. Any trade news will also be noticed.
Weather
Tuesday will be warm and dry across northern and central crop areas. Rainfall will be confined to an arc of shower and thunderstorm activity in portions of the Southern Plains and southern Midwest. Conditions will generally favor corn moving into its filling stages and soybeans in pod-setting and pod-filling stages, along with developing spring wheat.
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