CBOT corn ends higher, rebounding from a 3-month low

CHICAGO, March 28 (Reuters) - Chicago Board of Trade corn futures on Friday slumped to the lowest price seen in more than three months on expectations of increased U.S. planting this year, before rebounding on a spate of fundamental and bargain-buying, market analysts said.

• CBOT May corn CK25 settled up 3-1/4 cents at $4.53-1/4 a bushel.

• The most-active corn contract on a continuous basis Cv1 - which ended the week lower - earlier in the session dropped to its lowest price since December 20, at $4.42 a bushel.

• The U.S. Department of Agriculture's planting report will be issued together with quarterly estimates of U.S. grain stocks in one of the most closely watched data releases of the year for grain markets.

• The report will be issued together with quarterly estimates of U.S. grain stocks in one of the most closely watched data releases of the year for grain markets.

• U.S. farmers will plant 94.361 million acres with corn this year, up from 90.594 million in 2024, according to an average of analysts polled by Reuters before the USDA publication.

• Expectations of a jump in U.S. corn acres have pressured prices this week, said market analysts, taking attention away from dry crop conditions in parts of Brazil.