Corn and wheat prices declined despite friendly government data released in the previous session, with a weekly crop-progress report from USDA showing slower-than-expected corn planting and weaker-than-expected crop condition ratings for the nation's winter wheat crop.
Large world grain supplies and a clearing weather forecast overshadowed the bullish data, as U.S. growers will pick up the pace of corn planting as rains dries out in the Midwest. Lackluster export demand also weighed on the grain markets, with concerns over domestic demand for corn growing thanks to the spread of avian influenza, a virus that has affected nearly eight million chickens and turkeys since late last year. May corn fell 3 3/4 cents, or 1%, to $3.74 1/4 a.
out in the Midwest