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What DTN Is Watching

A report on U.S. retail sales in May is due out at 7:30 a.m. CDT, followed by the Federal Reserve's report on May industrial production at 8:15 a.m. Traders remain attentive to the latest weather forecasts in several parts of the world.


A frontal boundary has shifted a bit, but still remains in the Western Corn Belt for Tuesday. Morning thunderstorms across northern Minnesota may become severe, with additional thunderstorms expected to develop from Kansas through Minnesota Tuesday afternoon and evening, which may also be severe and drop some heavy rainfall. South and east of the front, it continues to be very hot and humid. Some isolated showers and thunderstorms will develop in the heat, which would keep a lid on high temperatures where they occur.