Tensions between the US and China intensified after President Trump threatened a cooking oil embargo in response to China’s refusal to buy US soybeans. The threat is boosting oil-seed processor stocks like Bunge (BG) and ADM (ADM).
Heather Jones Research founder and senior analyst, Heather Jones, joins Market Catalysts host Julie Hyman to explain why Bunge, ADM, and Darling Ingredients (DAR) would be the “primary beneficiaries” of such an embargo.