Weekly Recap

Soybean futures closed higher on a weekly basis for the second time in three weeks.  Soybeans for Mar delivery rose 3.52%, or 33.25 cents per bushel, while May delivery climbed 2.92% to 9.88½ per bushel. Export activity was strong, rising 104% to 1,240.2 TMT for 2017/18 sales, and 28% more than the 4-week average.  Total…