USDA Corn Report Estimate: Corn Futures Little Changed

December Corn is trading at 337 1/4, down 1 1/4 cents/bushel.

March Corn is trading at 347 1/2, down 1 cent/bushel.

The USDA World Agricultural Supply and Demand Estimates Report (WASDE) is due out Monday at 12:00 p.m. ET.

The street estimate for U.S. corn yield is near 173.5 bushels per acre versus 175.1 in the August USDA report. New crop ending stocks are estimated to be near 2.329 billion bushels versus 2.409 billion in August. Street estimates for global ending stocks for the 2015 to 2016 season are near 208.75 million tonnes versus 209.34 million tonnes in August. Global ending stocks for the 2016 to 2017 season are seen near 219.35 million tonnes versus 220.8 million tonnes on the USDA crop report in August.