The U.S. Department of agriculture will release crop acreage and quarterly grain inventory data next month

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News content: Pro farmer said that the U.S. Department of agriculture will release crop area and quarterly grain inventory data at 0 a.m. Beijing time on July 1. The survey shows that in 2021, American farmers will plant 93.6 million acres of corn, which is 2.5 million acres higher than USDA's planting intention report in March; Planting 88.7 million acres of soybeans, 1.1 million acres higher than the USDA's planting intention report in March.

Source: International derivatives think tank