Weekly Recap

Soybeans were mixed to close out the last week. The July futures contract moved 0.24% higher; it’s the third consecutive weekly close higher, while the August contract dipped 0.30%. The USDA pushed the projected crush and exports 10 million bushels higher each, and trimmed ending stocks by 20 million bushels in their mid-week monthly WASDE release. Soybean export sales continue to run above USDA expectations and…