Back from the weekend, traders will follow up news concerning Friday's close call of Russian missiles near NATO territory and any related events in Ukraine, as well as take a look at the latest weather forecasts. USDA's weekly report of grain export inspections is due at 10 a.m. CST. Financial markets may turn quiet Monday afternoon, ahead of Tuesday consumer price index for January.
Weather
A system will develop across the Central and Southern Plains Monday into Monday night, providing widespread rainfall from northern Texas into southern Nebraska. Rainfall with this system will generally remain light, but isolated areas across north-central Texas and south-central Oklahoma could see up to a half inch of rain through Monday night. Meanwhile, above average temperatures will persist across the Northern Plains and Upper Midwest today, with temperatures 10-15 degrees above normal.