To begin the month of November, USDA will update traders on export pace with their weekly inspections report due out at 10 a.m. CST. Otherwise, it may be a return to a quiet tone in the markets for the most part following last week's trade focus and heightened volatility. USDA announced that the November WASDE will indeed be released towards the middle of the month, however, which will keep speculators engaged with price bets on where USDA will forecast U.S. row crop balance sheets for 2025-26.
Weather
A clipper system moving through central Canada is producing showers around Michigan early Monday morning. That will combine with a coastal system in the Mid-Atlantic to bring scattered showers into the Northeast later Monday. Breezier winds across the north may be a noticeable feature across northern areas as well. The next clipper will move through the Pacific Northwest with limited showers on Monday as well.