Weekly Recap

January Soybean futures continued their alternating pattern of movement by   dropping 4.3%, or 45 cents per bushel over the past week. There were no up days; all activity in the futures market was lower. Exports sales, week over week were steady but 26% below their prior four-week average. Total commitments for the season are 88% of the USDA forecast. Favorable growing conditions in South America continue…