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iPathA Series B Bloomberg Agriculture Subindex Total Return ETN
U.S. farmers are facing their second harvest season during the COVID-19 pandemic and this year brings additional uncertainty.
To help farmers and food workers, USDA plans to invest $700 million in grants to provide relief to those affected.
Producers are using the short-dated new-crop options, such as options against December Corn or November Soybean futures. These expire sooner and cost less than traditional options.