Soybeans Lower, Wheat Lower

Soybean Futures closed a lower Friday. May Soybeans settled at 974, down 16 1/2 cents. May Soymeal settled at 327, down 4.6. Soybean Oil settled at 30.49, down 0.38.

Wheat futures were unable to hold early gains and closed lower. May Chicago Wheat settled at 502, down 5 1/4 cents. July Chicago Wheat settled at 503 1/4, down 6 1/4 cents. May Kansas City Wheat settled at 539 3/4, down 7 1/4 cents.

Corn Futures were also down. May Corn settled at 380 1/2, down 8 cents. July Corn settled at 388, down 7 3/4 cents.