President Donald Trump's latest warning to "terminate business with China having to do with cooking oil, and other elements of trade" may sound narrow, but markets know better — food is politics, and politics moves capital. By calling China's soybean snub an "Economically Hostile Act," investors are starting to eye a repeat of 2018's tariff trade, where American agribusiness quietly became the unexpected winner.
- Track Soybean price moves via the SOYB here.
