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If American farmers have their way, Donald Trump will be president again. That’s despite concerns he could restart a trade war with Ch...

(Bloomberg) -- If American farmers have their way, Donald Trump will be president again. That’s despite concerns he could restart a trade war with China, the world’s largest buyer of US agricultural products.Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapIowa Latest: Haley Unveils New Ad, Looking to New HampshireTrump Scores Easy Win in Iowa With DeSantis a Distant SecondWhat Is Disease X? How Scientists Are Preparing for the Next PandemicMusk Pressures T

(Bloomberg) -- If American farmers have their way, Donald Trump will be president again. That’s despite concerns he could restart a trade war with China, the world’s largest buyer of US agricultural products.Most Read from BloombergWall Street Dials Back Fed Wagers After Solid Data: Markets WrapMusk Pressures Tesla’s Board for Another Massive Stock AwardChina’s Economic Growth Disappoints, Fueling Stimulus CallsChina Population Extends Record Drop on Covid Deaths, Low BirthsApple to Allow Outsid

The proposal, which would help ease local sugar shortages if approved, sent futures plunging as much as 7.9% in New York on Wednesday, the biggest decline in 10 months.

Earlier today Bloomberg cited sources saying that India is considering curbing ethanol production adding that authorities are studying a proposal to limit the use of sugarcane juice to produce ethanol for the current season.