Soybeans Futures PricesFri, Feb 27th, 2015
Latest Brugler Soybeans Report
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Soybean futures surged to a seven-week high for the March contract, and closed with double digit gains, partially because of end-of-month buying by investors and reports that while some roads have been opened in Brazil, many are still blocked as truckers seek better terms from the government. Export sales reported by the USDA this morning were stronger than most expected. Export commitments as a % of total projected exports for the marketing year were bumped up to more than 97%. The DTN national soybean index was last reported at $9.6334.
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