USDA is projecting that there will be continued downward pressure on corn prices as U.S. stocks rise.

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The latest USDA corn crop estimate has corn growers harvesting a 15.1 billion bushel crop.

A little bit smaller crop than last year.

About 1 percent smaller.

This from USDA Outlook Chairman Mark Jakanowski who says despite a small cut in expected production, this corn crop is still on track to be the third biggest corn crop on record and will likely result in a buildup of stocks by the end of the marketing year.

Year over year, U.S. corn ending stocks are forecast to be up about 178 million bushels.

As a result of that and other supply demand factors, prices have been under some pressure.

USDA forecasting prices this season will average only $4.10 a bushel.

Year over year, that's down 45 cents per bushel.

Or a decline of about 10 percent.

Gary Crawford, reporting for the U.S. Department of Agriculture.