U.S. futures markets are keeping normal trading hours the first three days this week, but volume is apt to be lower than usual with Thanksgiving Thursday and a shorter trading session on Friday. Traders will continue to check the latest weather forecasts and pause at 8 a.m. CST in case USDA announces an export sale. A report of October U.S. existing home sales is due out at 9 a.m. CST, followed by weekly grain inspections at 10 a.m. USDA's Crop Progress report will conclude Monday's reports at 3 p.m.
Weather
A cold front will move through the Eastern U.S. Monday and showers will dry up as it does so. Other than some lake-effect snow showers around the Great Lakes and some isolated showers in the Southeast, drier conditions are expected for the day across the primary growing areas. Areas of the southwestern Plains continue to be in dire need for moisture for winter wheat establishment.