Chicago Board of Trade corn futures ended mostly steady on Tuesday as traders squared positions ahead of key planting intentions and quarterly stocks reports due this week from the US Department of Agriculture. CBOT May corn settled unchanged at $3.74 per bushel, halting a three-session advance.
Analysts expect the USDA on Thursday to project a decline in US corn plantings for 2018 compared to a year earlier. Analysts also expect the USDA to report the largest-ever March 1 corn stocks in records dating to the 1920s, reflecting several years of bumper harvests.