U.S Grain Futures Lower

U.S. Grain Futures closed lower on Monday. May Soybeans settled at 1013 3/4, down 18 cents. May Soymeal settled at 333.5, down 8.9. May Soybean Oil settled at 32.83, down 0.12. Corn and Wheat futures settled lower. May Corn settled at 388, down 5 1/4 cents. July Corn settled at 396 1/4, down 6 cents. May Chicago Wheat closed at 500, down 13 cents. July Chicago Wheat settled at 504, down 12 3/4 cents. May Kansas City Wheat at settled at 525 3/4, down 13 3/4 cents.