AgResource Soybean Comment and Analysis
Soybeans Post Decade-High Weekly Rally: Soybeans marked another strong close on Friday gaining 25-30 cents for the day. Soybean oil again led Friday’s advance amid a bullish biofuel outlook and a recovery in energy prices. For the week, August soybeans gained $2.02/Bu which is a record large 1-week price increase. August has fully recovered all…