Mixed grains start expected in absence of news

A mixed start is expected this am, 1 better in wheat and corn, 1-2 weaker in beans. The $ is about unchanged currently, not enough to impact grain prices this am. There isn't a lot of fresh market moving news yet this am so we could have a quiet early session trade.

Brazil had scattered rain over the weekend of up to 1.25" except in Rio Grande state. A similar pattern is forecast this week. Argentina was mostly hot and dry over the weekend with temps up to 100 degrees. More very hot and dry weather is forecast most of this week with temps up to 102 in some parts of the belt. Light, scattered rain is possible Fri-Sat with cooler temps over the weekend. Hot and dry weather is forecast to return early next week but there is a chance for by then much needed rain mid next week according to this morning's long term forecast.

Colder temps are forecast in the Midwest and southwest winter wheat belts this week but not cold enough to cause any winter kill threat to the dormant wheat crops. Winter kill occurs when temps fall sharply below freezing for several hours and a protective snowcover is lacking. Most years there is at least some winter kill damage so it isn't unusual unless it is much worse than normal.