CBOT corn falls as planting progresses in southern US
March 25 (Reuters) - Chicago Board of Trade corn futures fell on Tuesday as farmers in the southern United States planted ahead of pace, according to analysts, and market players positioned ahead of a U.S. Department of Agriculture data release.
CBOT May corn CK25 settled down 6-3/4 cents at $4.57-3/4 a bushel.
According to a USDA crop report released Monday, corn seeding was 65% complete in Louisiana, while progress reached 45% in Texas, 14% in Mississippi and 10% in Arkansas.
Traders are positioning ahead of the USDA's grain stocks and prospective planting reports, due on March 31, according to analysts.
Investors are also monitoring tariff negotiations between the United States and leading agricultural trading partners, Canada, Mexico and China.
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