Wheat Up, Soybeans Lower

Wheat futures settled 2 percent higher on Monday. Market chatter about less than favorable growing conditions and a weaker dollar helped prices move higher. May Chicago Wheat settled at 514, up 12 cents. July Chicago Wheat settled at 516 1/2, up 13 1/4 cents. May Kansas City Wheat settled at 555, up 15 3/4 cents.

Soybean Futures closed a lower. May Soybeans settled at 969 1/4, down 4 3/4 cents. May Soymeal settled at 323.7, down 3.3. May Soybean Oil settled at 30.39, down 0.10.

Corn Futures settled a little lower. May Corn settled at 379, down 1 1/2 cents. July Corn settled at 387, down 1 cents.