Back from the weekend, traders will have checked rainfall amounts and the latest forecasts, especially the anticipated track of Tropical Storm Ida. A report on U.S. pending home sales is due out at 9 a.m. CDT, followed by USDA's weekly grain export inspections report at 10 a.m. USDA's Crop Progress report will be out at 3 p.m. CDT.
Weather
Heavy rainfall from now Tropical Storm Ida will continue to move north through the Deep South on Monday, causing a risk of flooding. Other scattered showers are expected along a front across the southern Midwest back through the Central and Northern Plains. Some severe storms could be possible in the Plains.