Grain Futures Higher

Wheat futures erased losses Wednesday and closed higher. Trading was firm at the close. May Chicago Wheat settled at 510 3/4, up 7 1/4 cents. July Chicago Wheat settled at 514 1/4, up 7 1/2 cents. May Kansas City Wheat settled at 553, up 10 1/4 cents. Soybean futures traded mostly higher and closed firm. May Soybeans settled at 965, up 10 1/2 cents. May Soymeal settled at 320.8, up 3.3. May Soybean Oil settled at 30.63, up 0.59. Corn Futures traded weak early on and recovered the losses late in the session to close higher. May Corn settled at 374 3/4, up 3 3/4 cents. July Corn settled at 382 3/4, up 3 3/4 cents.