The U.S. Labor Department's producer price index for October will be out at 7:30 a.m. CDT Tuesday and is apt to resemble the smaller increases already seen in last Thursday's consumer price index. The National Oilseeds Processors Association will report on members' soybean crush in October later Tuesday morning. Traders will keep watch over the latest weather forecasts and any news pertaining to Ukraine this week.
Weather
A system moving through on Tuesday is bringing widespread precipitation to the eastern half of the country. Across northern areas it is snow, mostly in the light to moderate category. For the Southeast, it's rain and could be moderate in spots. Cold air continues to pour in behind this system, making it feel like winter and causing wheat to go dormant.