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Wednesday, July 8, 2020

Wednesday Watch List

Markets
The latest weather forecasts continue to dominate trader interest in grains with any news of export sales a close second. The U.S. Energy Department will post its weekly inventory data, including ethanol at 9:30 a.m. CDT.

Weather
Hot and dry conditions will cover the Midwest through the central and Southern Plains Wednesday. This combination will be stressful for crops, especially in driest areas of the eastern Midwest and southwestern Plains. Rain will be confined to light to locally moderate activity in the far northern Midwest and in the Southeast.