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Soybeans end sharply higher

Mike McGinnis 03/21/2013 @ 9:49am

DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market finished sharply higher Thursday.

The May futures corn contract settled 1 cent higher at $7.33. The May soybean futures contract close 29 cents higher at $14.49. May wheat futures finished 7 cents lower at $7.28 per bushel. The May soymeal futures ended $9.10 per short ton higher at $422.90. The May soyoil futures closed $0.58 higher at $50.42.

In the outside markets, the NYMEX crude oil is $1.00per barrel lower, the dollar is higher and the Dow Jones Industrials are 63 points lower.



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