Traders continue to keep close track of weather forecasts in several important crop regions. The U.S. Energy Department's weekly inventory report is set for 9:30 a.m. CDT and includes a report on weekly ethanol production.
Weather
Although a system continues to spin around the Northern Plains, where some heavy rain has fallen recently, a system will sneak underneath it across the South-Central states Wednesday and into the Ohio Valley for Wednesday night. Another round, or rounds, of widespread showers and thunderstorms, including a good chance for severe weather, exists in the Delta and Mid-South states Wednesday afternoon and evening.