Wheat Lower, Corn Lower

Wheat futures settled lower on Monday. July Chicago Wheat settled at 489 1/4, down 14 1/2 of a cent and December Chicago Wheat settled at 509 3/4, down 15 cents. July Kansas City Wheat settled at 508 3/4, down 17 1/4 cents and December Kansas City Wheat settled at 535 3/4, down 16 3/4 cent. Corn futures also traded lower on Monday. July Corn settled at 348 1/4, down 4 3/4 cents and December Corn settled at 363 1/2, down 6 cents.