CONCERNS ABOUT SOUTH AMERICAN WEATHER DRIVE OILSEED COMPLEX PRICES HIGHER ON THURSDAY

Soybean futures rallied sharply on Thursday, supported by a reignition of the themes that have supported the market since it set a low on December 27. The nearby contract rose almost 1 1/2 percent but gains in deferred contracts were smaller with the March 2020 contract up just a little more than 3/4 percent. The rally pushed the…