Back from the weekend, in addition to checking the latest weather forecasts, traders will review reports UBS is buying Credit Suisse for roughly $3.2 billion and will be looking for a better explanation of how long the Black Sea grain deal will be extended for. Traders will also pause at 8 a.m. CDT to see if USDA has another corn sale to report. USDA's weekly report of export inspections is due out at 10 a.m.
Weather
There is a storm system moving through the Southwest U.S. Monday, but most of the country is quiet and cool. Temperatures early Monday morning are below freezing yet again in the Southeast but will rise early this week. The Southwest system is the first of a string that will move through the country this week, pushing a cold front through the country and offering widespread precipitation to boot.