May corn is down 3¢ for the first time in 10 sessions. December 2022 corn is lower, but the day is not over. May soybeans are down 9¢, and wheat is unchanged to 3¢ higher for Minneapolis wheat.
Short term, the wet cold weather in the U.S. should be supportive for corn. Long-term into early May, it looks like a pattern change.
Tomorrow is the USDA Export sales report, and some large numbers for corn and soybeans are expected.
Spring and Summer Weather Outlook webinar
David Tolleris (DT) with WxRisk.com will be a special guest during a free webinar we will host today on Spring and Summer Weather Outlook. You must register in advance to join us online at 2 p.m. CT.
Click here to register.