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Monday, October 4, 2021

Monday Watch List

The first full week of October starts with traders checking the latest weather forecasts and pausing at 8 a.m. CDT to see if USDA has an export sale announcement. USDA's weekly grain inspections report at 10 a.m. is expected to show more progress moving grain into the Gulf. USDA's Crop Progress report at 3 p.m. will show row crop harvest progress and winter wheat planting progress.

Weather

Scattered showers will follow an upper-level system east of the Mississippi River on Monday. Drier and warmer conditions to the west will favor the ongoing harvest and winter wheat establishment after last week's rains in the Plains. The Pacific Northwest will continue to struggle with the dryness for winter wheat, however.