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Tuesday, August 11, 2020

Tuesday Watch List

Markets
Trading in grains may be quiet ahead of Wednesday morning's WASDE report, but the latest weather forecasts will continue to be watched after severe weather tore through Iowa Monday. The U.S. Labor Department will release its report on July producer prices at 7:30 a.m. CDT and any export news will also be noticed.

Weather
Tuesday will be mainly dry in the Midwest and Plains after the stormy day with rain and heavy wind damage in portions of the Midwest Monday. Rain will focus in the Mid-South and Southeast. Temperatures will be seasonal in most north and central areas and very warm to hot south. This pattern generally favors row crop progress and spring wheat harvest, with heat stress ongoing in the far southwestern Plains.