Weekly Recap

March Soybean futures saw their last three weeks of gains disappear as prices dropped 5% or 51 cents per bushel. The trucker’s strike in Brazil was lifted for at least a week, which allowed crops to flow freely to ports. Old crop exports were stronger week-over-week, but new crop exports all but dried up, leaving total exports with a 1.17% gain from the previous week. Cash prices slipped relative to the futures…