AgResource Soybean Comment and Analysis
Soybeans Surge on S American Crop Concern: Soybean futures rallied to strong gains of 27-30 cents on Wednesday. Soybeans gained on both meal and oil, but both product markets saw strong gains. Soybean oil closed over $.60 for only the 2nd time since early November. Wednesday’s recovery was not limited to just Chicago soybeans. Rather…