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What DTN Is Watching

A report on U.S. durable goods orders in August will be out at 7:30 a.m. CDT Tuesday, followed by August new home sales and the Conference Board's index of U.S. consumer confidence for September at 9 a.m. Several Fed officials are also scheduled to speak throughout the day and will likely get attention. Traders will keep an eye on the latest weather forecasts and news from Ukraine, but are most jumpy about Fed policy and prospects for higher interest rates ahead.


A shot of colder air is settling into the Midwest on Tuesday. Some limited frosts are noted around northern Minnesota into northern Wisconsin, but most areas are remaining on the warm side of freezing. Some showers are still hanging around the Great Lakes. Otherwise, dry conditions continue across most of the country, favoring the continued harvest. Bands of heavy rain from Hurricane Ian are pounding southern Florida as the storm crosses Cuba into the Gulf of Mexico and the state is bracing for its landfall Wednesday night or early Thursday.

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