Back from the three-day Christmas weekend, traders will catch up on South American weather and any other pertinent news before trading in grains and livestock futures resume at 8:30 a.m. CST Tuesday. A report on U.S. consumer confidence in December will be out at 9 a.m., followed by USDA's weekly report of export inspections at 10 a.m. Canola futures on the ICE exchange are closed for Boxing Day.
Weather
A strong low pressure system in the central U.S. will continue to provide blizzard conditions across portions of the Northern and Central Plains today with freezing rain likely across the eastern Dakotas. Periods of rain will also continue across the Upper Midwest.