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During Monday’s roundtable with farmers, Trump said he’ll cut environmental requirements on tractors and other farm equipment, pushing manufacturers to lower prices and make machines simpler to operate and repair.
President Trump unveiled a $12 billion farm aid package yesterday, as producers continue to absorb steep financial hits from ongoing trade disputes, rising costs, and weak commodity prices.
Soybeans continue to lead weakness as have been an anchor on corn and wheat prices over the past couple sessions.
Fed’s FOMC meeting begins today
Commodity-specific payment rates will be released by the end of the month: USDA