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Soybean futures post contract high for second day in row on demand, weather; dollar surge sends wheat, corn lower.
Cash soybean prices surged over the past week.
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Soybean futures post contract high amid export strength, wheat futures extend declines, corn also lower.
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Wheat, corn export sales above market expectations
Soybean futures pulled back early in overnight trade but have rebounded to post new contract highs this morning. Overnight price action was light and choppy in corn and wheat.
Corn basis firmed a penny over the past week as futures rose.
Soybean futures soar as crude rally to seven-year highs leads commodities higher, corn near nine-month high, wheat lower.