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Welcome

Monday, May 9, 2022

Monday Watch List

Back from Mother's Day weekend, traders won't be any better behaved, but they will be checking the latest changes in the weather forecast, any news regarding Ukraine and will also be alert for any export sales announcements. USDA's weekly export inspections report is due out at 10 a.m. CDT, followed by the Crop Progress report at 3 p.m.

Weather

A strong system will move through the North-Central U.S. on Monday. It is already bringing scattered showers and thunderstorms to the Northern Plains early Monday morning, which will spread into Minnesota, Iowa, and Wisconsin throughout the day. Any thunderstorms could be severe, especially later today and tonight across Minnesota and Iowa into Wisconsin. Breezy winds are accompanying the system across the north, but also down through the Plains. The wind, combined with some impressive May heat, increases the risks of wildfires in drought areas.