Back from the weekend, federal offices and banks are closed Monday for Columbus Day. U.S. grain and livestock futures markets are open along with most other markets. USDA's weekly export inspections and crop progress reports will take place at their usual times, but on Tuesday instead of Monday. Traders will still pay attention to the latest weather forecasts and any pertinent news from the outside world, include weekend fighting in Ukraine.
Weather
Most of the country will be dry Monday, but scattered showers in West Texas will migrate northeast through Oklahoma later today and then into Missouri overnight. Showers will be welcome where they are received for those doing winter grains planting. Elsewhere in the country, conditions continue to favor the ongoing harvest.