As the central U.S. endures its coldest temperatures of the season, traders will be paying close attention to the latest weather forecasts and will pause at 8 a.m. CST to see if USDA has an export sale announcement. Weekly grain inspections are due out at 10 a.m. CST. There are no significant economic reports on Monday's docket.
Weather
Bitter cold air will cover the northern and central crop areas Monday. This cold wave will cause travel, transport and safety hazards along with stress to livestock and some cold damage threat to winter wheat. Some light mixed precipitation is in store for the southern Plains and Ohio Valley along with light snow in the northwestern Plains. Wind chill threats are also prominent in northern areas.