Wheat Higher, Soybeans Lower

The USDA monthly grain report was released Tuesday. Wheat settled higher on the day and Soybeans settled lower. Corn ended the session little changed.

May Chicago Wheat settled at 494, up 4 cents. July Chicago Wheat settled at 497 1/2, up 3 3/4 cents. May Kansas City Wheat settled at 536 , up 5 1/2 cents.

May Corn settled at 388, down 3/4 of a cent. July Corn settled at 395 3/4, down 1/2 of a cent.

May Soybeans settled at 984 1/2, down 8 3/4 cents. May Soymeal settled at 331.0, down 3.1. May Soybean Oil settled little changed at 30.96, down 0.04.wheat