Commodities
US Dollar Falls as Crude Oil Rises Amid Escalating Tensions
The US Dollar is down four points, while crude oil has risen by $2.85-$2.86 due to increased tensions in the Middle East after Iran carried out strikes against U.S. forces in Jordan.
Corn prices are down 2-3 cents, soybeans have fallen 11-12 cents, and wheat is down 1-2 cents. The FOMC will announce its interest rate plans today, with odds suggesting they will leave rates unchanged despite President Trump's call for a 25-point decrease.
The market is looking for a choppy to lower trade for Wednesday, according to AgMarket.Net.