Traders will check the latest weather forecasts to start the week with an eye on the late soybean harvest in Brazil and dry conditions in Argentina. Export sales have quieted lately, but there is always a chance USDA will have an announcement at 8 a.m. CST. There is a report on U.S. wholesale inventories at 9 a.m., followed by USDA's weekly grain export inspections at 10 a.m.
Weather
Dry conditions will cover all primary crop areas Monday. Temperatures will be above to much above normal, favoring transportation and livestock but unfavorable for winter wheat in dry areas of the Southern Plains. Rain and snow are in store for the Northwest Tuesday, crossing into the Northern Plains Wednesday.