Soybeans soar as inclement weather hurts production

SINGAPORE - Soybeans advanced to the highest level in more than three months on speculation that cold weather may curb planting in China, boosting demand from the world's largest consumer.

Commodities rallied as economic reports pointed to faster growth and concerns about Greece's debt abated.

Soybeans for July delivery gained as much as 1 percent to $10.20 a bushel, the highest price for the most-active contract on the Chicago Board of Trade since Jan 11.