Ag sector bounces on news of US tariff aid for farmers

 


NEW YORK (AP) — Wall Street has given the agricultural sector a boost after Trump administration said it is preparing a plan that would send billions in aid to U.S. farmers hurt by tariffs.

CF Industries Holding and Mosaic Company both traded up more than 3 percent earlier in the day but ended Tuesday with more modest gains. CF Industries finished up less than 1 percent, while Mosaic added 2.3 percent.

Deere & Co. ended with a 3.2 percent gain. Shares in Archer-Daniels-Midland and FMC Corp. also rose.

The plan would attempt to give relief to farmers who have faced retaliation from U.S. tr...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Our Family of Publications Includes:

Arc
Newsgram

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024