On Friday, August 21), U.S. corn spot market price is falling. Friday's Pro Farmer Midwest annual inspect, according to a report released in 2015 U.S. corn crop is expected to be 13.323 billion bushels, average yield of 164.3 bushels per acre. In contrast, the United States department of agriculture forecast this month for 13.686 billion bushels and 168.8 bushels per acre. Although Pro Farmer data looks bullish, but earlier this week due to Pro Farmer delegation has released preliminary data, so the market has absorbed the bullish news, and on Wednesday and Thursday of the investigation results show that the yield of corn is better than expected, so bring some potential negative influences the corn market.

On Friday, American beauty bay 2 yellow corn spot price averaged $4.0825 a bushel, equivalent to $160.7 a tonne, down 5.75 cents/pu than Thursday. The basis of Louisiana bay is higher than the CBOT corn futures September 42 to 44 cents, and flat on Thursday, Friday is higher than 33 to 40 cents/pu.

In central Illinois, corn processing plant to buy 2 yellow corn offer an average of $3.6525 per pu, than the last trading day down 5.75 cents. Basis price is lower than the CBOT corn in September 10 cents to 10 cents higher, and flat on Thursday, and Friday.

On Friday, the Chicago board of trade (CBOT), corn futures closed down. September corn period of about 365.25 cents/pu, than in the previous session down 5/85 cents. December corn closed at 377.25 cents/pu, than the last trading day down 5.25 cents.

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