CBOT corn falls as planting window forecast in Midwest
ReutersApr 22, 2025 7:43 PM
CHICAGO, April 22 (Reuters) - Chicago Board of Trade corn futures ended lower on Tuesday as forecasts showed limited rains in the U.S. Midwest allowing for improved planting progress in the coming weeks.
July corn CN25 ended down 6-3/4 cents to $4.83-1/4 a bushel.
Midwest showers are expected to be limited enough in the next 16-30 days to improve the corn seeding pace, according to forecaster Commodity Weather Group.
Farmers planted 12% of the nation's corn crop by April 20, topping the five-year average of 10%, the U.S. Department of Agriculture said in a weekly crop progress report. Analysts on average expected planting would be 10% complete, according to a Reuters poll.
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