Corn Futures Trading Lower

March Corn is trading at 359 3/4 , down 2 3/4 cents cents/bushel. May Corn is trading at 367, down 2 3/4 cents/bushel. Corn futures are trading just above the session lows. The USDA baseline corn production projections for 2017 are showing corn acres at 91.5 and a yield at 170 bushels/acres. The agency is using a baseline ending stocks figure of 2.563 billion bushels. The data used for budgetary purposes.