Corn Futures Trading Higher

September Corn is trading at 328, up 3 3/4 cents/bushel. December Corn is trading at 337 3/4, up 3 3/4 cents/bushel. Corn futures are trading higher. Market chatter about crops tour results and yields is ongoing. Trading is steady. Street estimates for Brazil's corn crop have deteriorated a bit to 67 million tonnes from the most recent USDA level of 70 million tonnes. There is some chatter that China is planning to set up sanctions against imports of U.S. distiller drains lingering in the background. The USDA weekly export sales report is due out Thursday morning.