DTN will be watching for the results of the ADP employment report, the Federal Reserve announcements on rates, and Fed chairman Jerome Powell's comments. We will also be watching for more developments on the Ukraine export deal, any export sales news, and any changes in weather.
Weather
A deep trough is building west of the Rockies on Wednesday. It is inducing a low-pressure area over the Northern Plains and southern Canada, with most of the precipitation staying west of the Rockies or in the Canadian Prairies. Stronger winds are expected in the Plains and Upper Midwest, which will lead to increased wildfire risks for areas that are very dry. It will also lead to warm temperatures for most places east of the Rockies and some high temperatures may be broken in the Upper Midwest.