With the latest trade war, keep an eye on agribusiness stocks, like Bunge Global (BG).

For one, President Trump has warned of 100% tariffs on Chinese exports by November 1, after Beijing warned of strict export controls on rare earth metals. Two, which impacts stocks like BG, President Trump also threatened a cooking oil embargo on China. 

“I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution,” he wrote in a Truth Social post, as noted by CNBC. “As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.”

Last trading at $82.41, we’d like to see the BG stock initially rally to $88.

In addition, Bunge, which yields 3.4%, will pay a 70-cent per share dividend on December 1 for shareholders of record as of November 17. It will also pay that dividend on March 3 for shareholders of record as of February 17. Its last dividend payment was on September 2, which was paid to shareholders of record as of August 19.

Sincerely,

Ian Cooper