More wheat and corn in US, but weather is not cooperating

The United States Department of Agriculture (USDA) released its acreage expectations for the coming season on Friday. Farmers in the US are sowing more wheat and corn, while soybean acreage remains virtually unchanged. In addition, the USDA also released inventory figures. There was a surprise in that, says Jurphaas Lugtenburg in this Marktflash.