July will begin with a relatively quiet day for reports, with the weekly Petroleum Status report out at 9:30 a.m. CDT. USDA will also release a series of crop processing updates in the afternoon at 2 p.m. CDT such as the May Oilseed Crush, Grain Crush, and Cotton Consumption reports.
Weather
A heat dome of hot and humid air continues to sit and build across the eastern half of the country. Areas of showers and thunderstorms will continue on the edge of the heat from the Central Plains into the Upper Midwest and Great Lakes for Wednesday. Some of those will be severe, especially across the Upper Midwest. Some additional showers will develop across the Delta and Southeast as the humidity becomes too much for the atmosphere to handle.