Back from the weekend, traders will check the latest weather forecasts, especially for Argentina where drought-stricken crops have increased chances for rain. Traders may pause at 8 a.m. CST to see if USDA has an export sale to announce and will check USDA's weekly report of export inspections at 10 a.m.
Weather
Another strong storm system is moving through the Four Corners area early Monday morning. That system will move into Texas tonight and head through the Northeast for Tuesday and Wednesday. Widespread precipitation will occur in Texas and Oklahoma tonight, including some moderate to heavy snow.