Weekly Recap

Soybean futures closed higher on a weekly basis for the third time in the past four weeks.  Soybeans for March and May delivery edged 0.43%, or 4.25 cents per bushel higher, while May delivery increased by 0.33% to 9.935 cents per bushel. Export activity improved, rising 107% to 743 TMT for 2017/18 sales, and was 5% above the prior…