Back from the weekend, traders will continue to monitor South American weather and Middle East tensions. USDA's weekly report of export inspections will be out at 10 a.m. CST, the only significant report on Monday.
Weather
A storm system has been building from Sunday night into early Monday across the Central and Southern Plains, bringing a mix of rain and snow to the region. The storm will turn into a monster by midday and shift to the Mississippi Valley overnight. Widespread impacts including severe weather across the Gulf Coast, heavy snow and blizzard conditions from the southwestern Plains to the Midwest with strong winds elsewhere, and flooding rain will create a host of issues for travel and anyone or anything that is outdoors.