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Tuesday, February 28, 2023

Tuesday Watch List

DTN's Ag Summit Series begins at 8:30 a.m. CST Tuesday, followed by the Conference Board's index of U.S. consumer confidence at 9 a.m. Traders will keep watch over the latest weather forecasts and pause at 8 a.m. to see if USDA has an export sale to announce, something not seen for the past 10 days.

Weather

A storm system continues to move through the Northeast with precipitation but the next in the series of storms for the week will exit the Rockies and move through the Northern Plains and Upper Midwest Tuesday and Tuesday night with scattered snow showers. A band of snow should set up along the North Dakota-South Dakota border which may be heavier. Breezy winds continue in West Texas, which continue to rob the region of any topsoil moisture.