Late-Week Corrective Trade Hits Soybeans

Posted on 03/09/2017 10:23 AM
Old-crop soybean futures were little changed for the week and new-crop futures posted weekly losses amid profit-taking and long soybean/short corn spread unwinding the second half of the week. Despite the corrective selling, soybean futures paused just below the May 10 highs as traders decide whether to pull the market back or push fut...