Back from the weekend, traders will pay close attention to South American weather and news from the Middle East. USDA's weekly export inspections is set for 10 a.m. CST Monday. Traders will also look forward to USDA's next WASDE report, due out Thursday at 11 a.m.
Weather
A storm system from the weekend continues to spin around Florida, but areas east of the Rockies will be quiet on Monday. All the action is out in the West where another storm system is pushing through the region. Eventually, that storm will move through the country this week with multiple rounds of precipitation. It continues to be very warm ahead of these storms.