Corn Futures Little Higher

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September Corn is trading at 323 1/4, up 1 cent/bushel. December Corn is trading at 333 1/4 , up 3/4 of a cent/bushel. Corn futures are trading steady to higher. Market chatter about global demand for corn and the USDA crop report due out Friday is constant. Brazil's agricultural agency CONAB reduced their corn crop estimate to 68.48 million tonnes versus the July estimate of 69.14 million tonnes and a year ago production of 84.67 million tonnes. The USDA weekly corn export sales report is due out Thursday morning. The agency is scheduled to release World Agricultural Supply and Demand Estimates Report (WASDE) and crop production data Friday.
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Posted In: FuturesCommoditiesMarketsCorn futures
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