DES MOINES, Iowa (Agriculture.com)--This week's commodities rally continues Wednesday for soybeans, with CME Group corn, wheat markets lower.

At mid-session, the March futures corn contract is trading 4 cents lower at $7.26. The March soybean futures contract is trading 12 cents higher at $14.26. March wheat futures are trading 3 cents lower at $7.79 per bushel. The March soyoil futures contract is trading $0.20 higher at $51.07. The March soymeal futures is trading $4.20 per short ton higher at $416.10. The March soyoil futures are trading $0.20 higher at $51.07.  

In the outside markets, the NYMEX crude oil is $0.87 per barrel higher, the dollar is lower and the Dow Jones Industrials are 24 points lower.