Pro Farmer
U.S. dollar index falls to lowest level since February as President Trump eyes early Fed chair announcement.
Corn futures posted contract lows amid continued selling.
Powell resists pressure to cut interest rates as Fed remains data-dependent.
Senate GOP in scramble mode.
Wheat continues to lead weakness following last week’s peak, while corn and soybeans followed to the downside.
Oil prices extended Monday’s sharp retreat as fears of supply disruptions from the Middle East conflict eased.
The corn and spring wheat crops ended multiple weeks of improvement.