Back from the weekend, traders will keep an eye on the latest weather forecasts and may have thought a little more about Friday's new supply and demand estimates from USDA, especially regarding corn. 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
Much of the Corn Belt will see chances for scattered showers and storms Monday. A storm system across Iowa, southern Wisconsin, northern Illinois, and northern Indiana could produce damaging straight-line winds later in the day or Monday night. Large hail and a few isolated tornadoes may also accompany the storms.