After a weekend of fighting in Ukraine, traders will be quick to catch up on events and check the latest weather forecasts. USDA's weekly report of grain export inspections is at 10 a.m. CST and USDA issues its monthly report of ag prices at 2 p.m. Later Monday afternoon, DTN will report on February price averages for crop insurance purposes and what that means for this year's coverage terms.
Weather
Waves of showers are moving into the Pacific Northwest for the week. While there will be some showers near the U.S.-Canada border and also around Florida, much of the country's growing regions will remain dry on Monday. Warmer air spreading across the bulk of the country will cause snowmelt and increase drought stress for hard red winter wheat areas.