Welcome

Welcome

Tuesday, August 1, 2023

Tuesday Watch List

Manufacturing reports from the world will roll in overnight and the ISM index of U.S. manufacturing will be out at 9 a.m. CDT Tuesday. Traders will keep track of the latest forecasts and any news regarding Ukraine. NASS's Fats and Oils report will be out at 2 p.m.

Weather

A front continues to be stalled from the Central Plains to the Tennessee Valley where heavy rain is already falling in Missouri early Tuesday morning. Additional showers and thunderstorms are expected to develop near the front later Tuesday and could become severe with potential for heavy rain as well. The more likely scenario for severe storms occurs farther north as a system moving through Canada brings a front through the Northern Plains. Scattered thunderstorms are likely to develop and could be severe around North Dakota, possibly into northern Minnesota as well.