Corn Futures Little Higher

March Corn is trading at 359 1/4, up 1 1/4 cents/bushel. May Corn is trading at 366 1/4, up 1 1/2 cents/bushel. Corn futures are trading a little higher. Market chatter about global demand for U.S. corn and Southern Hemisphere corn production Is making the rounds. The USDA reported that Corn used for ethanol production last week totaled 107.42 million bushels. So far for the crop year total corn used for ethanol production is now is 1.39 billion bushels. The USDA weekly export report for corn is due out at 8:30 a.m. ET.