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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...



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