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Monday, June 17, 2024

Monday Watch List

Back from the weekend, traders continue to keep close watch over the latest weather forecasts. USDA's report of weekly export inspections is at 10 a.m. CDT Monday, followed by the weekly Crop Progress report at 3 p.m.

Weather

A stalled front from Nebraska to Wisconsin is producing areas of heavy rain and thunderstorms already Monday morning. While this activity should wind down, additional showers and thunderstorms will develop later Monday, potentially becoming severe both along that line and northwest into the Dakotas and western Minnesota. Heavy rain and flooding is also a potential hazard. South and east, temperatures will soar well above normal and be excessive, with limited showers to cool things off.