Markets
Monday before Thanksgiving starts what is usually a quiet week of trading that can also be prone to surprises. Traders will check out the latest weather forecasts, especially for South America where the new crop season is getting underway. USDA releases its weekly report of grain export inspections at 10 a.m. CST, followed by monthly cold storage at 2 p.m. and crop progress at 3 p.m.
WeatherLight rain and snow showers are in store for the southwest Plains Monday, offering some moisture potential for winter wheat. Similar precipitation is also indicated for the northwestern U.S. crop areas. Dry conditions will be in place elsewhere. Temperatures will be above normal north and seasonal south.