Weekly Recap

Soybean futures continued to climb, closing higher on a weekly basis for the fifth time in the past six weeks.  March futures moved 14.75 cents higher to 10.36¼ per bushel, while May increased by 15 cents to 10.47½ . The USDA’s annual Ag outlook forecasts soybean production at 4.320 billion bushels, 2% below last year, with…