Corn Futures Trading Higher

September Corn is trading at 358, up cents/bushel. December Corn is trading at 365 1/4, up 2 3/4 cents/bushel. Corn futures are trading rangebound. Market chatter about U.S. weather is making the rounds. The USDA reported on Friday that corn export sales for the current marketing year as of June 30th are now 101.9 percent of the agency forecast versus the five year average of 98.9 percent. The USDA World Agricultural Supply and Demand Estimates Report (WASDE) and crop production data is due out Tuesday at 12:00 p.m. ET.