Back from a three-day weekend, traders will be checking the latest weather forecasts and rainfall amounts from over the weekend. USDA's weekly grain inspections report is set for 10 a.m. CDT, followed by Crop Progress at 3 p.m.
Weather
Tuesday features light to moderate rain, locally heavy, in the northern Midwest. We'll also see locally heavy rain in south Texas and along the Gulf Coast. Forecast guidance over the next seven days indicates rain of moderate to heavy intensity spreading across much of the remainder of the Midwest, along with more seasonal temperatures. This would be favorable for corn pollination and soybean flowering and pod setting.