Wednesday is a slow day for government reports, with only the Jobs Opening report out early. We will also be watching for the rumored EPA release of biofuel mandates, and for any new soybean or corn purchases by China, which have been widely rumored.
Weather
A system in the Southeast is producing some rain and will gather some snow showers in the Northeast later in the day. Another system is making its way into the Canadian Prairies, producing some snows. And there are still some residual rain showers in California. But the middle of the country is rather dry for the day, which continues to be unfavorable for winter wheat in the Southern Plains.