SOYBEAN PRICES RALLY FOR SECOND STRAIGHT DAY ON SHORT COVERING DRIVEN BY USDA REPORT

Soybean complex futures were mixed on Friday with soybean futures up a little more than one percent, soybean oil futures up about 1 1/4 percent. Soybean meal futures were mostly narrowly mixed with the nearby contract down $0.40 and the March 2019 contract up $0.70. However, gains in more deferred soybean meal contracts were larger…