Weekly Recap

July Soybean futures moved lower for the first time in seven weeks. The week started off rough, with values dropping more than 42 cents per bushel over the first two days. The market turned around though and worked higher from there, but the deficit was more than it could over come by Friday’s close, as the July contract finished 1.75 cents per bushel lower and the August contract was off by 6.25 cents. On Friday,…