The latest weather forecasts will continue to get quick attention from traders early Tuesday. The U.S. Census Bureau reports on the U.S. trade deficit for April at 7:30 a.m. CDT and specific export data from the report will be released by USDA later Tuesday. USDA has not announced a daily export sale since May 27, but traders will pause at 8 a.m. to see if there are any new sales to report.
Weather
Heat combined with a small disturbance will produce scattered thunderstorms across portions of the Northern Plains on Tuesday afternoon and evening, some of which may be severe. Other showers will develop across the eastern Midwest down to the Gulf of Mexico. Heat continues to be a main weather factor across the north, especially where showers do not occur.