Wheat, Corn Sharply Higher

Wheat futures moved up early in the session on Monday after a steady trade overnight. Trading was active and some general buying was seen late in the session. July Chicago Wheat settled at 493 3/4, up 16 3/4 cents. July Kansas City Wheat settled at 514 1/4, up 15 1/2 cents.

Corn futures settled a little higher Monday aided by a late move up in prices. July Corn settled at 352 1/4, up 3/4 of a cent and December Corn settled at 369. up 1 cent.