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Monday, January 31, 2022

Monday Watch List

Traders will be checking the latest weather reports from the weekend and for any news of possible change in the situation regarding Ukraine. At 10 a.m. CST, USDA will have its weekly report of grain export inspections. At 2 p.m., USDA will release its January 1 U.S. cattle inventory estimate.

Weather

A clipper system will move across the U.S.-Canada border Monday and Tuesday. It will bring some scattered showers and strong winds to the Northern Plains and Canadian Prairies. However, its front will be the focus for weather this week as widespread moderate to heavy mixed precipitation will develop across a large portion of the country Tuesday through Friday.