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Ministers hope the loan, from a commercial bank and underwritten by the government, will give certainty to suppliers.
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American soybean farmers are worried as China has in effect boycotted their crops to retaliate for the high tariffs President Trump has imposed on Chinese goods.
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Iran's rial currency already sits at a record low, increasing pressure on food prices and making daily life that much more challenging. That includes meat, rice and other staples of the Iranian dinner table.
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