Weekly Recap

Soybean values, for the week, saw gains turn to losses on Friday. The May contract dropped 10 cents per bushel on Friday, while the July contract lost 11.25 cents. The sell-off was enough to tip the scales and had the May contract down 1.25 cents for the week and the July contract down 6 cents. Soybean exports showed renewed vigor and were significantly stronger for the old crop season. Total export commitments are…