Starting the third week of November, traders will be checking the latest weather forecasts and will hold their breath at 8 a.m. CST to see if any of the rumors of U.S. soybean sales to China get announced. USDA's weekly report of grain inspections is due out at 10 a.m. CST and will be followed by an estimate of the U.S. soybean crush in October from the National Oilseeds Processors Association. USDA's Crop Progress will give estimates of row crop harvest progress and winter wheat planting progress at 3 p.m. CST.
Weather
An active pattern will continue across the country for the week, but it will be a relatively quiet transition day on Monday between systems. The next system will come into the Pacific Northwest this evening with scattered showers that will extend into the Canadian Prairies.