What You Need to Know Today:

U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved market access. Diplomatic efforts to end the Russia-Ukraine war appear to be gaining momentum, with U.S. representatives expected to travel to Moscow and Kyiv for talks after Russian President Vladimir Putin indicated there may be a pathway toward a negotiated settlement. U.S. nonfarm payrolls increased by 162,000 jobs in August, well above expectations for a 53,000-job gain, signaling continued labor market strength and potentially giving the Federal Rese...