Back from the 4th of July, U.S. grain and livestock futures open at 8:30 a.m. CDT Wednesday, followed by a report on U.S. factory orders for May at 9 a.m. and minutes from the latest Fed meeting at 1 p.m. Traders will continue to keep a close watch on weather and the latest forecasts.
Weather
An old front continues to be active across southern portions of the country on Wednesday. But it's one that is moving through the Corn Belt garnering most of the attention as it produces areas of showers and thunderstorms over some of the driest parts of the country. Not all areas will be hit as the front moves through, but chances are good across the Central Plains into the southern Midwest for another round of good rain but also some severe storms.