At 7:15 a.m. CDT Wednesday, ADP will report on private sector job gains in the U.S. for April, an early hint of Friday's unemployment report. At 9:30 a.m. CDT, the U.S. Energy Department will release its weekly inventory report, including ethanol production. The latest forecasts for Brazil and the U.S. will continue to get plenty of attention as will any news of an export sale.
Weather
Wednesday features light rain showers in the Northern and Central Plains and moderate to locally heavy rain in the eastern Gulf Coast. Other primary crop areas will be dry. The northern moisture will offer only marginal drought easing, while the southern rain may be heavy enough to cause flood concern. Below normal temperatures in many areas will slow the pace of fieldwork and early crop growth.