Back from the three-day weekend, trading in U.S. grain and livestock futures will resume at 8:30 a.m. CDT Tuesday. Traders will be checking the latest weather forecasts and observable rain amounts from the weekend. A report on May U.S. factory orders is due out at 9:00 a.m. CDT, followed by USDA's weekly export inspections at 10 a.m. CDT. USDA's Crop Progress report is set for 3 p.m. CDT, with attention on the latest good-to-excellent crop ratings.
Weather
Tuesday features scattered thunderstorms from the Northern Plains to eastern Midwest with some benefit to crops. Meanwhile, stressful hot and dry conditions are in store for the remainder of the Plains, Midwest, Delta and Southeast.