A sudden 365% rise in an Australian oilseeds stock and a new threat from the White House highlight how global markets are responding to intensifying U.S.-China trade tensions. While China boycotts American soybeans, U.S. farmers are feeling the impact, and some industry voices blame the crisis on a contentious government strategy.

Punjab’s recent ban on hybrid paddy seeds has provoked a legal response from the seed industry, with the Federation of Seed Industry of India challenging the decision in court. The hearing, scheduled for later this month, could have significant implications for agricultural practices in the region.