Weekly Recap

Soybean futures closed higher on a weekly basis for the fourth time in the past five weeks.  Soybean prices for March and May delivery increased 3.9%, or 39 cents per bushel. Export activity slipped, falling 14% to 640 TMT for the 2017/18 season and was 13% below the prior 4-week average of 740 TMT.  Total export commitments are 78%…