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Monday, August 29, 2022

Monday Watch List

Traders will return from the weekend, checking the latest weather forecasts, any news from outside markets and will pause at 8 a.m. CDT to see if USDA has an export sale announcement. At 10 a.m., USDA's weekly grain export inspections will be released, followed by the Crop Progress report at 3 p.m.

Weather

A cold front that is working through the Corn Belt on Monday will spark scattered showers and thunderstorms from Kansas and Nebraska up into the central Great Lakes. Storms could be severe, with the greatest risk for severe weather across northern Illinois Monday afternoon and evening. Showers and thunderstorms may continue to develop in the hot and humid airmass south of the front as well but is not expected to be severe.