Corn finished lower for the second week and soybeans were lower for the third.

Rain is moving through a dry Kansas today and is expected to linger through the weekend.

The CFTC report shows funds continue to head for the exits.

Bryce Knorr's Prospective Plantings report came out today with Prospective Plantings out on March 31. The report showed more soybeans and cotton will likely be planted this spring, with less corn and wheat. Wheat acres are projected to be least since World War I.

Listen to the report using the audio link on this page.

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.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.