The main focus of the market is spring planting in the United States, which brings more interest in two main topics: weather and acreage. 

This is also when we start to see the addition of risk premium into the market. The trade expects to see more risk premium than usual this year, especially in the soy complex, given the ongoing tight U.S. domestic stocks-to-use ratio.

More interest is falling on U.S. planting season weather outlooks. While seeding is happening at a rapid pace in southern states, progress is forecast to slow once it reaches the Corn Belt. 

Heavy snow...