What We Are Watching
No major reports are scheduled for release on Tuesday. The soybean complex will remain very sensitive to China and trade related headlines, while corn and soybean futures have rallied back towards ranges which have been resistant to prices, and former resistance levels surpassed in recent sessions will likely be retested for support in the coming days.
WeatherA system is migrating into the Great Lakes on Tuesday. Some showers are found on the leading edge as it moves into the eastern Lakes early Tuesday morning. The storm spinning in area should create more showers in the region throughout the day. Strong winds have also developed in the North-Central states as well.
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