Corn Futures Little Changed

March Corn is trading at 357 3/4, down 1/2 of a cent/bushel. May Corn is trading at 364 1/4, down 1/2 of a cent/bushel. Thursday's USDA corn crop and grain stocks report showed as Dec 1st corn supplies were 12.384 billion bushels. The corn ending stocks figure was 2.355 billion bushel versus 2.403 billion bushels a month ago. U.S. corn production was 15.148 billion bushels and yield was 174.6 bushels per acre. Feed usage was revised lower by 50 million bushels and ethanol usage was moved up by 25 million bushels. Brazil's corn crop was estimated at 86.5 million tonnes. Argentina's corn production was estimated at 36.5 tonnes. The agency sees global corn stocks at 220.98 million tonnes.