CBOT corn ends lower on concerns about Trump-Xi meeting

CHICAGO, March 16 (Reuters) - Chicago Board of Trade corn futures dipped Monday as U.S. President Donald Trump worried investors by suggesting that a trade summit with China could be delayed.

• Trump told the Financial Times in an interview Sunday that he could delay his summit with China’s President Xi Jinping later this month as he presses Beijing to help unblock the Strait of Hormuz.

• In Brazil, planting of the second corn crop in the country's center-south reached 91% of the estimated area, compared with 97% a year earlier, agribusiness consultancy AgRural said. The first corn harvest hit 50%, well behind the 72% seen a year earlier.

• Trade analysts in a Reuters poll on Monday estimated weekly corn export inspections at 1,000,000-1,700,000 metric tons.

• CBOT May corn CK26 closed 13-1/4 cents lower at $4.54 per bushel.