Wheat markets are higher for the third day after a tour this week through spring wheat fields had participants predicting lower yields versus a year ago. However, the gains were unable to offset the market’s losses earlier in the week and wheat remained lower for the five-day period.

Soybeans bounded higher near midday to push the new-crop November higher for the week and above key moving averages. The gains came despite forecasts that lacked threatening weather for the crop in the Midwest.

Corn futures are a few cents higher, but remained lower for the week.

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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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