Corn Futures Trading Higher

December Corn is trading at 340 3/4, up 4 cents/bushel. March Corn is trading at 352 1/4, up 3 1/4 cents/bushel. Corn futures are trading just under the session highs after Tuesday's choppy and soft trading session. The USDA baseline forecast for 2017-2018 corn acreage is 90 million acres, down 4.5 million acres from this year.