The Federal Reserve's report of U.S. industrial production in September is the only significant report for Tuesday, due out at 8:15 a.m. CDT. Traders will keep close attention on the latest weather forecasts, news from Ukraine and at 1 p.m., some will take a look at USDA's monthly Livestock, Dairy and Poultry outlook.
Weather
Cold air that has drifted southward is resulting in widespread frosts and freezes Tuesday morning for much of the country east of the Rockies. This is record cold for some areas. The cold air is pretty dry outside of the Great Lakes where lake-effect showers continue as a mix of rain and snow, which will be an annoyance for those still looking to complete some fieldwork and harvest.