It is safe to say there was a lot of uncertainty in local and global markets last week.
In the US, weather continues to play havoc, delaying planting of the corn crops and causing flooding of wheat fields.
In our part of the world, follow up rain is badly needed, but on the other side of the globe too much rain is rattling markets.
Climatologist Dr Roger Stone, says forecasts indicate the only chance of useful rain is around June.
While this rain was very beneficial, particularly in the Castlereagh river system, it is hugely important we see timely follow up rain.
US farmers are expected to leave area idle or expand grazing areas due to challenging planting conditions, low prices and global market uncertainty.
The chart of Australian dollar values for nearby Chicago Board of Trade wheat futures is interesting.