Traders will check the latest weather forecasts and wait to see if USDA has an export sale announcement at 8 a.m. CDT Wednesday. The U.S. Energy Department's weekly inventory report, including ethanol production is due out at 9:30 a.m.
Weather
A storm system in the West will continue to slowly move through the region on Wednesday with widespread precipitation and wind hazards. It will be a rather quiet day east of the Rockies, with just some isolated showers across the South and a little snow in the Midwest behind a cold front. Temperatures across the north in particular continue to be quite cold for this time of year, limiting snow melt on a large snowpack.