Back from the weekend, traders will be checking over the latest weather forecasts and any market-related news, especially as Russia is expected to either accept or quit the Ukrainian grain deal by November 19. USDA's weekly report of export inspections is due out at 10 a.m. CDT Monday, followed by Crop Progress at 3 p.m.
Weather
Widespread cold has gripped most of the nation, making it feel like winter. A small system developing in Texas will spread scattered showers through the southern half of the Plains states but quickly move eastward through the Southeast with rain going into Tuesday. The northern half of the precipitation will be snow and could be moderate in some spots through the Plains and into the Midwest. The reinforcing cold coming behind the system will likely continue the process of turning wheat dormant in a lot of areas.