Markets
Checking over the latest weather forecasts is usually where traders turn first Monday, followed by the usual USDA reports. USDA's weekly grain inspections report is out at 10 a.m. CDT followed by USDA's monthly cold storage report at 2 p.m. and the crop progress report at 3 p.m. CDT. Any trade news that comes up will also be noticed.
Weather
Hot and dry conditions will cover most primary crop areas Monday. This combination will lead to further drying and crop stress. Southeastern U.S. areas will have periods of tropical rain as Tropical Storm Marco in the Gulf of Mexico moves closer to the mainland.
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