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Wheat futures settled sharply lower Monday. Trading was somewhat choppy and weak most of the session. May Chicago Wheat settled at 502 1/4, down 24 1/4 cents. July Chicago Wheat settled at 500 1/4 ,down 23 3/4 cents. May Kansas City Wheat settled at 529, down 29 3/4 cents. Corn futures traded mostly lower Monday and ended the session weak. May Corn settled at 370 1/2 down 6 1/2 cents. July Corn settled at 378, down 6 3/4 cents and December Corn settled at 396 , down 6 1/2 cents.
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