Markets
Early Tuesday, traders are back from the three-day weekend, checking the latest weather forecasts and waiting to see if USDA has an export sale announcement at 8 a.m. CDT. USDA's weekly report of grain export inspections is due out at 10 a.m. CDT, followed by the Crop Progress report at 3 p.m.
Weather
Tuesday features a broad swath of rain from the western Plains to the Great Lakes along with some snow in the High Plains. Rainfall will range from light to moderate with locally heavy amounts. Drought areas of the western Corn Belt will see the best rain since June. The rain will improve soil moisture but arrives too late to add to corn and soybean yields. Conditions will be very cool north with some freeze potential through Wednesday. Southern areas have very warm to hot conditions in store; favorable for early row crop harvest but further drying out pastures and livestock water in the far Southern Plains.
Welcome
