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Tuesday, December 8, 2020

Tuesday Watch List

 Markets

Traders will continue to keep an eye on the latest weather forecasts for South America and pause at 8 a.m. CST to see if USDA has an export sale announcement. Tuesday's only official report is for U.S. productivity in the third quarter.

Weather

Dry weather will occur over the main crop areas on Tuesday along with temperatures mostly above normal. This will favor any non-dormant wheat in the Midwest but stress non-dormant wheat in the southwestern Plains as soil moisture continues to be lacking.