A report on U.S. existing home sales in March is set for 9 a.m. CDT Wednesday, followed by the Energy Department's weekly inventory report, including ethanol production at 9:30 a.m. Traders will continue to monitor the latest weather forecasts and any news regarding the war in Ukraine.
Weather
A system moving across the northern tier of the country will bring lines and clusters of showers through the Corn Belt and Delta on Wednesday. The country continues to be on a warming trend through the rest of the week, but the warmth is temporary. Heat and dryness in the Southern Plains continues to be unfavorable for all crops.