
CHICAGO, Feb 26 (Reuters) - Chicago Board of Trade corn futures ticked down on Wednesday on year-end positioning and liquidation by commodity funds, according to analysts.
CBOT May corn CK25 settled down 3/4 cent at $4.93-1/2 a bushel.
Attention is turning to the U.S. Department of Agriculture's annual Outlook Forum on Thursday, where early projections for corn and soybean planting will be given. Analysts expect a shift in acreage from soybeans towards corn.
Signs that U.S. farmers will expand corn planting drove selling this week by commodity funds that have a large net long position, analysts said.
Fears that U.S. tariffs will trigger reprisals against U.S. agricultural exports also weighed on futures. President Donald Trump said proposed levies on imports from Mexico and Canada were on track to be implemented on March 4, after a 30-day delay.