Grain traders will continue to digest USDA's new WASDE and Crop Progress estimates from Monday. The U.S. producer price index for July is due out at 7:30 a.m. CDT Tuesday, offering an early peek at Wednesday's report on consumer prices.
Weather
A disturbance moving through Kansas is producing a cluster of thunderstorms early Tuesday morning. The cluster is forecast to die out Tuesday afternoon as it moves into Missouri, but leaves behind a zone for more showers and thunderstorms to develop Tuesday evening. Another disturbance moving into the Plains will aid that and other thunderstorms farther north and west, some of which could be severe.