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Tuesday, November 23, 2021

Tuesday Watch List

There are no major reports on Tuesday's docket, but traders will keep their eyes on the latest weather forecasts and any export sales news that develops. Be careful as quiet, pre-holiday markets can be vulnerable to trading mischief.

Weather

A frontal boundary is moving through the Canadian Prairies and will move into the Northern Plains on Tuesday. Scattered showers over the Pacific Northwest will dry out as they work into the Plains behind the front Tuesday night. Most other places will be dry, favoring the last bits of harvest and fieldwork. Rain is still desperately needed for winter wheat in the southwestern Plains, where drought continues to build.