Traders will return from the weekend checking the latest weather forecasts and any news regarding Ukraine. At 9 a.m. CDT there is a report on U.S. factory orders from February, followed by USDA weekly export inspections at 10 a.m. USDA's first Crop Progress report of 2022 will be released Monday at 3 p.m. and will show a national update of winter wheat crop ratings.
Weather
A weak frontal boundary has moved into the Southern Plains with scattered showers from the Midwest to Oklahoma early Monday. A low pressure center will develop along the front near Texas late in the day, with strong thunderstorms developing there and pushing eastward overnight. Thunderstorms could be strong to severe as this system continues eastward through Tuesday.