Weekly Recap

Soybean futures closed higher on a weekly basis for a second straight week and the fourth time in five weeks.  Soybeans for Mar delivery edged 0.84%, higher, or 8.25 cents per bushel, while May delivery climbed 0.86% to 9.97 per bushel. Export activity weakened, falling 50% to 616.3 TMT for 2017/18 sales, and 27% less than the 4-week…