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Monday, October 26, 2020

Monday Watch List

 Markets

Traders will likely start the new week getting familiar with the latest weather forecasts and will watch for any export sales news from USDA at 8 a.m. CDT. The U.S. Census Bureau will release September new home sales at 9 a.m., followed by USDA's weekly grain inspections report at 10 a.m. USDA's Crop Progress report at 3 p.m. CDT will have harvest and winter wheat planting updates.

Weather

Snow and rain are in store for the Southern Plains Monday, offering favorable moisture for winter wheat. This wintry mix will also spread through the southern Midwest with disruption to harvest. Other crop areas will be drier. A very cold pattern in northern and central areas will delay harvest.