Welcome

Welcome

Tuesday, May 31, 2022

Tuesday Watch List

Back from the three-day weekend, traders will catch up on the latest weather happenings and any news, especially any updates from Ukraine. After an 8 a.m. CDT pause to see if USDA has an export sale announcement, there will be a report on U.S. consumer confidence for May at 9 a.m. and USDA's weekly report of grain export inspections at 10 a.m. Much attention will be given to planting progress updates in USDA's Crop Progress report at 3 p.m.

Weather

A system or series of disturbances that had moved through the Northern Plains over the Memorial Day weekend culminated in a stronger storm system Monday. That system pushed a cold front from the Southern Plains into the Midwest. Showers and thunderstorms continue along that front Tuesday morning and there may be some severe storms from the Texas Panhandle into Michigan throughout the day.