A report on U.S. durable goods orders for June is due out at 7:30 a.m. CDT Tuesday, followed by a U.S. index of consumer confidence in July at 9 a.m. For grains, the main interests continue to be weather, export sales, any new developments concerning biofuels policy and the Crop Progress report, just released Monday afternoon.
Weather
Scattered showers will be found near the Great Lakes and across the south on Tuesday. Temperatures will be quite hot across most of the growing regions today. This will benefit the final stages of winter wheat harvest but cause further stress to drier areas.