Weekly Recap

Soybean futures closed lower on a weekly basis for the first time in three weeks.  Soybeans for March and May delivery slipped 0.68%, or 6.75 cents per bushel. Export activity weakened, falling 42% to 359 TMT for 2017/18 sales, and 52% below the 4-week average of 754.5 TMT.  Total export commitments are 74% of projections with 31…