Markets
As typical through summer, the latest weather forecasts will get the first look from grain traders, along with any trade news. A report on June U.S. existing home sales is due out at 9 a.m. CDT. With ethanol production slowly returning toward pre-coronavirus levels, the U.S. Energy Department's weekly report of energy inventories will be watched at 9:30 a.m. CDT Wednesday.
Weather
Showers with light to moderate rain totals are in store for the eastern Midwest, Delta, Mid-South, and portions of the central Plains Wednesday. Other primary crop areas will be dry. Temperatures will be seasonal to below normal over the Midwest and very warm to hot elsewhere. Most row crop areas have favorable conditions for corn pollination and soybean flowering and pod setting.
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