The U.S. Energy Department's Short-Term Energy Outlook is the only significant report on Tuesday's docket. Wednesday will be busier with the consumer price index for June and USDA's WASDE report for July set for release. As usual, traders will be watching the latest changes in weather as export sales have been a rare sight.
Weather
A cold front will continue to provide chances for scattered rain showers and thunderstorms across the Dakotas, Iowa, Nebraska, northern Missouri, and northern Illinois Tuesday into Tuesday night. Some of the strongest storms are likely across South Dakota, eastern Nebraska, and western Iowa. Damaging hail, wind gusts, and tornadoes are all threats with storms that develop across these states.