Corn, soybeans and wheat are a little lower at midday as traders favor selling ahead of Friday’s USDA report. Soybean futures are deep into oversold territory on technical charts as more soybean acres are expected in Friday’s report. Also, the South American harvests are putting more beans in the global market.

Widespread rain early this week in the Plains helped winter wheat crops and more rain is forecast Friday and Saturday.

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Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

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