Soybeans finished down, while corn and wheat were boosted by today's Prospective Planting report. Soybeans acres were bigger than the trade was expecting.

Wheat country received good rains over the week and weekend.

South America's harvest is moving along and the crop keeps getting better and better.

The CFTC report shows funds continue to head for the exit. The funds are still net long beans and net short corn.

USDA's weekly crop progress reports resume next week.

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.

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