Traders are apt to keep watching the latest weather forecasts, while simultaneously ignoring numerous reports of crop damage. USDA's cattle on-feed report for July 1 will be out at 2 p.m. with June placements expected to be 3% to 4% lower than a year ago.
Weather
A front that has settled from Texas to the Carolinas will continue with showers for Friday. A system that has moved into the Northern Plains will bring some areas of isolated to scattered showers and thunderstorms as well. Mild and dry conditions over the Midwest are a welcome sight for many.