Chicago corn futures lost more ground on Tuesday as prices fell for a third session running, with dry weather in the U.S. grain belt expected to facilitate crop planting, reports Successful Farming.
Wheat and soybean prices, meanwhile, edged higher.
The U.S. Department of Agriculture said U.S. farmers were able to plant 4% of their intended corn acreage as of Sunday, below the range of analyst estimates in a Reuters poll.
In a report released on Monday, the USDA said corn planting progress was up from 2% a week earlier and ahead of the five-year average of 3%.
