CHICAGO: Chicago Board of Trade corn futures declined for the first time in four sessions on Monday on technical selling and spillover pressure from sharply lower wheat.
* CBOT May corn fell 4-1/2 cents to $3.80 per bushel after failing to hold chart support at its 20-, 50- and 100-day moving averages.
* The US Department of Agriculture on Monday confirmed private sales of 279,400 tonnes of US corn to Mexico for shipment in the current and next marketing years.
* Investors continue to monitor news on US-China trade talks on hopes that a deal could include a large grain purchase by China.
* US President Donald Trump said on Monday he was optimistic that a final trade deal could be reached with China and that he would hold a summit to sign any pact, but cautioned an agreement may still not happen.
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