On Wednesday morning the Energy Information Administration will release its weekly Petroleum Status Report, which will include last week's average ethanol production across the U.S., giving traders a glimpse into domestic corn demand after a strong showing from export inspections earlier this week. Meanwhile, the government shutdown officially hits the three week mark on Wednesday, and traders will have to continue to rely on indicators such as market spreads and basis for insights into the underlying supply and demand situation for U.S. grains.
Weather
A system has moved into eastern Canada but is still producing some scattered showers and breezy winds across the Great Lakes for Wednesday. Another system is moving through the Southwest and will target the Southern Plains starting on Thursday.