High-stakes talks between the U.S. and China begin Thursday with an agenda that includes trade tensions that escalated over soybeans and cooking oil. Agricultural products and services companies operate upstream in the global supply chain and can offer investors potential long-term growth, a hedge against inflation, and portfolio diversification. Soybeans and other agricultural stocks soared on...
Shares of a large grain processor took off as cooking oil became the latest sticking point in the strained trade relationship between the U.S. and China. A number of major financial firms benefitted from strong earnings reports, though soft quarterly results dragged down shares of an insurance giant.
Shares of Bunge Global SA jumped more than 13% on Wednesday after President Donald Trump said the United States is considering ending purchases of Chinese cooking oil.
Shares of Bunge and other agricultural companies are rising thanks to threats of a ban on used cooking oil – a key ingredient needed to produce renewable fuels.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.