Reports for Monday include weekly grain Export Inspections at 10 a.m. CDT. Later in the afternoon at 2 p.m. CDT, USDA will release their monthly Livestock, Dairy, and Poultry Outlook. Otherwise, traders will be tuned in to the ongoing conflict in the Middle East, as well as trade negotiations in Paris between the U.S. and China.
Weather
A major winter storm system that has dumped impressive snowfall totals so far in the Upper Midwest continues to produce heavy snow into the Great Lakes on Monday. Its cold front is also producing a line of very strong-to-severe thunderstorms from Ohio to the Florida Panhandle Monday morning as well. The front will continue eastward, increasing chances for widespread severe weather out to the East Coast. Strong winds are bringing in a burst of arctic air that could cause frost damage for winter crops across the South and Southeast into Tuesday.