A report on U.S. existing home sales for August is due out at 9 a.m. CDT Wednesday, followed by the Energy Department's weekly report of energy inventories at 9:30 a.m. The Federal Reserve's two-day meeting concludes at 1 p.m. with an announcement of any agreed policy changes. USDA's monthly cold storage report is set for 2 p.m. CDT.
Weather
A front will continue to bring moderate to locally heavy rain across the eastern growing areas Wednesday and there could be some flooding, which would cause some quality issues and delays for harvest. Much better conditions have developed west of this system for harvest, but more rain is needed for winter wheat in the Plains and Pacific Northwest.