To begin the month of June, USDA will release their usual Monday Export Inspections report at 10 a.m. CDT. In the afternoon, USDA will release their monthly Grain and Oilseeds crushing reports both at 2 p.m. CDT. Finally, the weekly Crop Progress report will be out at 3 p.m. CDT, which will include an update of planting progress as well as the first look at national corn crop ratings.
Weather
A cluster of thunderstorms in Missouri and southwestern Illinois have some severe pockets of weather early Monday morning. The cluster is forecast to move southeast through the Tennessee Valley and into northern Mississippi and Alabama Monday afternoon. A system in the Northern Plains is stalled, bringing heavy rain to Montana and Alberta, but will also be the source of some stronger thunderstorms in the Central Plains this afternoon and evening as well.