Soybean Futures Higher Overnight

March Soybean futures were up 7 ¾ cents at $1043. USDA weekly export figures for all grain markets are due out at 8:30 a.m. ET. The data is released each Thursday the same time and gives traders and investors a gauge of how export sales are proceeding March Soymeal Futures were trading up $2.00 at $351.7. The soymeal basis in the United States and Argentina was still soft Wednesday. March Soybean Oil was up $0.35 at $32.32 in early trading.