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Tuesday, May 30, 2023

Tuesday Watch List

Back from the three-day weekend, trading in grains resumes at 7 p.m. CDT Monday evening. Traders will catch up with the latest weather forecasts and see the House is expected to vote on a debt ceiling compromise Wednesday. USDA's weekly report of export inspections is set for 10 a.m., followed by USDA's Crop Progress report at 3 p.m.

Weather

After a long holiday weekend of widespread showers and thunderstorms for much of the Plains, that general area will again be alight with more rain on Tuesday. Some areas of showers and thunderstorms are also forecast for the northwestern Midwest. Other showers and thunderstorms are forecast in parts of the Midwest, Delta, and Southeast, but at a very isolated coverage pattern.