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USDA's report of weekly export inspections is set for 10 a.m. CDT Monday, followed by the weekly Crop Progress report at 3 p.m. As usual, grain traders will keep up on the latest weather forecasts and may be cautious ahead of Thursday's USDA reports.

Weather

Much of the U.S. is quiet for Monday as temperatures rise in the Plains that will spread eastward over the next couple of days. Eyes are on the Gulf of Mexico as a tropical storm is forecast to develop today, likely labelled Francine. The current track is up through Louisiana and the Lower Mississippi Valley later this week, which could mean flooding damage.

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