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Monday, December 14, 2020

Monday Watch List

 Markets

Monday marks 11 days to Christmas, getting closer to the time of year when markets don't get as much attention from traders. Among the attentive, South American weather forecasts and any export news that develops will still be watched. USDA's weekly report of grain export inspections is likely to show another week of active soybean movement at 10:00 a.m. CST and December grain futures are set to expire early Monday.

Weather

Dry conditions will cover most primary crop areas Monday. Temperatures will be seasonally cool to cold in northern and central areas, with some chill enhanced by snow cover. The past weekend brought snow to the Southern Plains and a rain and snow mix in the central Plains and Midwest with useful moisture for winter wheat.