Corn Futures Little Higher

December Corn is trading at 347, up 3/4 of cent/bushel. March Corn is trading at 356, up 3/4 of cent/bushel. Corn futures are trading steady to a little higher. The weekly USDA corn harvest report showed 56 percent of the corn harvest was complete versus 46 percent last week and 56 percent a year ago. The ten year average at this time of year is 59 percent. The USDA reported on Monday that corn export inspections as of November 3rd are now 17.9 percent of the USDA forecast versus the five year average of 16.2 percent. The USDA World Agricultural Supply and Demand Estimates Report (WASDE) is scheduled for release Wednesday at 12:00 p.m. ET.
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