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Tuesday, September 15, 2020

Tuesday Watch List

Markets

Attention to weather now includes South America with a new planting season about to begin. A report of U.S. industrial production for August is due out at 8:15 a.m. CDT Tuesday, followed by a private estimate of the U.S. soybean crush in August, later Tuesday morning. The Federal Reserve begins a two-day meeting, the final one before the November election and traders will be watching Wednesday's announcement for clues of future policy.


Weather

Tuesday will be dry and mild across the central U.S., favoring row crop ripening and harvest along with winter wheat planting. Meanwhile, the Southeast faces heavy flooding rain from Hurricane Sally. Wildfire conditions and smoky air continue in the Northwest. Internationally, rain prospects are improving in central Brazil which favor soybean planting activity.