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Dollar weakness has provided a cushion, but is a double-edge sword for U.S. farmers
The USDA is preparing to unlock more than $3 billion in assistance for American farmers that had been held up due to the shutdown. These funds — drawn from the Commodity Credit Corporation — were originally earmarked to help producers affected by plunging crop prices, soaring input costs and export disruptions tied to trade policies.
Corn, soybeans and wheat saw strength in the latter portion of the overnight session and went into the break trading higher.