- With Paris markets closed for the Mayday celebrations we will be brief tonight. Weather issues dominate with cold and wet conditions pressuring the US, however today has seen a classic case of “what goes up, must come down.” Pricing boards are a sea of red at the close despite these weather threats.
- The potential for switching of US corn acres into soybeans should not be underestimated as optimal corn planting dates loom close and weather windows appear limited if the forecasters are correct. Only time will tell, and this point should be watched very closely.