There are no significant reports scheduled Tuesday, but traders will act busy, checking on the latest weather forecasts and watching out for any news regarding the Black Sea grain deal. Outside markets also remain a source of concern and we should soon hear estimates for Friday's WASDE and Crop Production reports.
Weather
Another day of rain in the Plains is expected for Tuesday, though these showers will be largely disorganized and come in clusters across the region. Even so, there is still a risk of severe weather, mostly centered around Kansas. Mild temperatures continue to promote planting progress where rains are missing.