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Soybeans are up double-digits

Updated: 01/14/2014 @ 11:03am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group soybean market has jumped double-digits for the second day in a row.

At mid-session, the March corn futures contract is trading 4 1/2  cents lower at $4.30. The March soybean futures contract is trading 11 cents higher at $13.05. March wheat futures are 1/2 of a cent higher at $5.74 per bushel. The March soymeal futures contract is trading $5.20 per short ton higher at $427.10. The March soyoil futures are trading $0.03 lower at $37.81.

In the outside markets, the NYMEX crude oil is $0.36 per barrel higher, the dollar is lower and the Dow Jones Industrials are 63 points higher.

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