Back from the weekend, traders will be reading about the outcome of OPEC's Sunday meeting and checking out the latest weather forecasts, especially in South America where Argentina needs rain. A report of U.S. factory orders in October is due out at 9 a.m. CST, followed by USDA's weekly report of export inspections at 10 a.m. There will be no more Crop Progress reports until next spring.
Weather
An old front across the Tennessee Valley will produce scattered showers throughout the day. Another front moving down through the northern states will produce some showers as well. Temperatures will be mild for most of the country despite the fronts, except down across the South where temperatures will rise well above normal.