- Stocks and crude much weaker overnight, Chinese on holiday this week
- Mexico buys 100k corn this AM
- Good rains in ARG over the weekend–easing dryness
- Dollar rebounds, pressuring grains
- Managed money covers more shorts in latest COT report
Overall, a weaker tone to start the week, but USDA report tomorrow. No major changes expected, look for light volume today with a lack of newsworthy items.