Markets
The second week of November will start with traders examining the latest weather forecasts, especially for South America as the new crop season advances. USDA's weekly report of grain export inspections is due out at 10 a.m. CST, followed by Crop Progress at 3 p.m. Traders will also be watching for any export news that might develop.
WeatherA strong cold front moving through the northern and central Plains will bring cold conditions, strong winds and periods of rain, snow and mixed precipitation to northern crop areas Monday. Ahead of the front, very warm conditions with strong south winds will extend from the Great Lakes to the southeastern Plains. Tropical Storm Eta in the southeastern Gulf of Mexico is set to become a new hurricane during Tuesday.