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Tuesday, December 15, 2020

Tuesday Watch List

 Markets

Tuesday's reports are a little busier than usual with the Federal Reserve's report on industrial production in November due out at 8:15 a.m. CST and followed by the monthly soybean crush estimate from the National Oilseeds Processors Association later Tuesday morning. The Federal Reserve starts a two-day meeting and is expected to repeat its commitment to keep interest rates near zero at Wednesday's conclusion.

Weather

Snow is in store for the southwestern Plains Tuesday, offering some snow cover for dormant wheat. We'll also see periods of snow in the northwestern U.S. crop areas. Dry conditions will be in place elsewhere.