Chicago Board of Trade corn futures ended slightly weaker on Thursday on forecasts for warmer weather that will allow farmers in the US Midwest to pick up their pace of planting, traders said. CBOT May corn has fallen for four of the last five trading sessions. Technical support for May corn was noted near its five-day moving averages.
The US Agriculture Department on Thursday reported weekly corn export sales of 1.204 million tonnes, near the high end of analysts' forecasts that ranged from 700,000 to 1.4 million tonnes.