An index of U.S. consumer confidence for November is the only significant report on Tuesday's docket, due out at 9 a.m. CDT. Traders will continue to monitor the latest weather forecasts, check for a possible export sales announcement at 8 a.m. and watch for any other market-impacting news, including rumors about Sunday's OPEC meeting. December grain futures reach first notice day on Wednesday.
Weather
A cold front moving across the middle of the country early Tuesday is forming a low-pressure center along it, increasing the intensity of the system as it moves east throughout the day. Snow is forming behind the front and could be moderate to locally heavy from Nebraska up into Wisconsin. Severe storms will occur across the Delta and Southeast later today, with potential for long-duration tornadoes, widespread damaging winds, and large hail. A burst of colder air is flowing in behind the front as well.