At 7:30 a.m. CST Tuesday, the U.S. Labor Department will release the producer price index for October, a topic on many investors' minds. At 11 a.m., USDA will release its WASDE and Crop Production reports for November with all eyes on the corn and soybean crop estimates. Traders will watch for any export sales news and any surprises in USDA's reports.
Weather
A storm system is moving into the western states on Tuesday with scattered showers that may be at least partially beneficial for winter wheat in the Pacific Northwest. Mostly fair weather is expected east of the Rockies that should favor the remaining harvest.