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Tuesday, December 14, 2021

Tuesday Watch List

Tuesday, the Labor Department's producer price index for November is set for release at 7:30 a.m. CST. Traders will keep an eye on the latest weather forecasts and pause at 8 a.m. CST for a possible export sale announcement. December grain futures contracts expire early.

Weather

A storm system continues to build across the West with heavy precipitation. Most areas east of the Rockies will be dry and warm with temperatures well above normal. The combination is bad for winter wheat in the southwestern Plains where drought continues to grow