Corn futures are up 1 to 2 cents, with the national average Cash Corn price at $3.95 1/2. USDA reports a private sale of 130,480 MT of corn to unknown destinations. EIA data shows a drop in ethanol production to 956,000 bpd and a decrease in stocks to 25.136 million barrels.

A South Korean importer buys 65,000 MT of corn. Corn prices for Mar 26, May 26, and Jul 26 are all up slightly. Refiner inputs of ethanol drop to 791,000 bpd. No securities positions were held by Austin Schroeder at the time of publication.

Read more at Yahoo Finance: Corn Posting Slight Midday Gains