Corn Little Higher

Corn futures are trading a little higher Monday morning. September Corn is trading at 371, up 4 1/2 cents and December Corn is trading at 380 1/2, up 4 cents.

On Monday, the USDA reported that weekly corn export inspections were 920,708 tons. Market talk about U.S. weather and overall global corn supplies has kept both buyers and sellers active. The EU reduced its corn crop forecast by about 3 million tons to 65.5 million tons. Ukraine grain exports are expected to rise to 36 million tons versus 34.9 million a year ago according to the Ukraine Agriculture Minister.