Grains higher Monday

Grains closed higher on the Chicago Board of Trade supported by a four-day lift in stock prices that ended Monday with modest declines.

Corn was up 3 to up 3 1/2, soybeans were up 27 3/4 to up 34 1/2, wheat was up 25 1/2 to up 26 and oats were up 2 1/2.

Corn prices rose, although export inspections were down sharply from a week ago. Wheat prices gained with a weaker dollar and slightly lower than anticipated export figures. Soybeans prices rose as the February crush of 128.7 million bushes was higher than expectations.

The prices:

Corn: May 3.91 1/2, up 3; Jul 4.01 3/4, up 3 1/2; Sep 4.10, up 3 1/2; Dec 4.21 1/4, up 3 1/4.

Soybeans: May 9.11, up 34 1/2; Jul 9.07 1/2, up 32 1/4; Aug 8.91 1/2, up 30; Sep 8.63 1/2, up 27 3/4.

Wheat: May 5.44 1/4, up 26; Jul 5.56 3/4, up 26; Sep 5.81 1/4, up 25 1/2; Dec 6.03, up 25 3/4.

Oats: May 1.88 1/2, up 2 1/2; Jul 1.97 1/2, up 2 1/2; Sep 2.06 1/2, up 2 1/2; Dec 2.21 1/2, up 2 1/2.