The Chicago Board of Trade corn market fell early Wednesday, pressured by a private crop estimate issued before the open that pegged this year's corn crop above USDA's August forecast, traders said. September corn was down 2-1/2 cents at $2.26-1/4 per bushel and new-crop December was down 2-3/4 at $2.41-1/2.
Analytical firm Informa Economics estimated the 2006 US corn crop at 11.068 billion bushels, reflecting an average yield of 153.5 bushels per acre, traders said.