Dairy Close

Markets

On Tuesday, the Census Bureau will release the June Trade Balance report at 7:30 a.m. CDT. While there are no major agriculture specific reports scheduled for release by USDA, traders will continue to closely monitor U.S. crop weather through August as well as the ongoing wars both in the Middle East and Black Sea.

Weather

A slow-moving cold front will continue to creep southeast across Iowa and northern Illinois Tuesday, leading to scattered showers and storms. While storms will be non-severe, there is a greater risk for pockets of heavy rain. By midnight, some areas of central and northern Iowa, southern Wisconsin, and northwest Illinois could see 1-2 inches of rain.