Back from the weekend, manufacturing indices will be reported from around the globe early Monday with the U.S. index for June due out at 9 a.m. CDT. USDA's report of weekly export inspections is at 10 a.m. CDT Monday, followed by NASS's Fats and Oils report at 2 p.m. and the weekly Crop Progress report at 3 p.m. Markets in Canada are closed for Canada Day.
Weather
A storm system moving into the Northern Plains on Monday is already producing areas of showers and thunderstorms across portions of the Western Corn Belt. A lot of the storms will weaken this morning but will redevelop this afternoon and evening closer to the main cold front. Severe weather and areas of heavy rain are forecast, with southern Nebraska having the best chance for both Monday. Highs: 60s/70s Canadian Prairies; 70s/80s Pacific Northwest, Northern Plains, Midwest; 80s/90s Central Plains, Delta, Southeast; 90s/100s Southern Plains.