Traders will check the latest weather forecasts and any news out of Ukraine, pausing at 8 a.m. CDT to see if USDA announces an export sale. There are no official reports lined up for Tuesday.
WeatherA system will continue to bring moderate to heavy rain from eastern Texas northeast into the Ohio Valley on Tuesday. That will include very good chances for severe weather toward the Gulf of Mexico. A band of more moderate rain mixed with snow continues from west-central Kansas up into the Upper Midwest as well. Along with the precipitation, winds remain elevated in the Plains while temperatures drop below normal.