A report on U.S. housing starts in April is set for 7:30 a.m. CDT Wednesday, followed by the U.S. Energy Department's weekly inventory report at 9:30 a.m. Traders will continue to monitor the latest weather forecasts and watch for any news regarding the Black Sea grain deal.
Weather
An old front and humid weather will produce scattered showers in the Southeast on Wednesday. Isolated showers and thunderstorms will develop in the High Plains ahead of a cold front that is moving through the Northern Plains. The front is producing scattered light showers, not enough to impact planting for too many areas today