When Smirnoff touted its No. 21 vodka as free from GMO corn, a Kansas farming couple swept Smirnoff products from the shelves of their liquor store. The result? A wave of support from farm country and beyond.
The cease-fire of an escalating trade dispute between the U.S. and China is igniting hopes of a possible de-escalation drove markets to start of the week, despite retaliatory tariffs still being in place.
Soybean futures in Chicago led gains in U.S. agriculture markets after the White House said China had agreed to immediately start purchasing American farm products as part of a trade truce between the two countries.
The Chinese agreed to buy a "not yet agreed upon, but very substantial amount of agricultural, energy, industrial" and other products from the United States to reduce America's huge trade deficit with China.
Once-reliable soybeans now bring nothing but unanswered questions. What will tariffs and trade agreements mean for export opportunities? How will prices respond with or without successful trade policy?