U.S. corn falls 3 pct as Mississippi River reopens

SEOUL (Reuters) - U.S. corn futures fell nearly 3 percent in early Asian trading on Monday as the flood-hit Mississippi River, the main channel for grain flowing from the Midwest to U.S. export terminals, reopened.

Front month July corn dropped 2.7 percent to $7.26 a bushel and soybean futures also fell 1.3 percent to $16.36-½ a bushel.

(Reporting by Miyoung Kim; editing by Jonathan Hopfner)