SPC just launced out a torn watch for Eastern SD, Southwest MN, Northwest IA, and Northeast NE. Looking out the window, some good towers going up down in the Yankton County area, starting to build N into Turner County. Also a CU field building in Hutchinson Count going up to about Huron. Looking at the numbers, looks like storms may struggle to get going til they get to the I-29 corridor where moisture is more abundant. But, with a weak cap and high LI, high CAPE, low LCL's, and just good all-around energy, looks like the games are about to begin.
EDIT: Looks like the storms firing now are going along the warm front, and they look kind of weak at the moment. There is a boundry just west of this warm front and just east of the cold front that looks liek a lot of CU are starting to build. Looking at the mesoanalysis page, looks like dynamics are much better along the boundry, so looks like Mother Nature is trying to throw a 1-2 punch type system up here.