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Corn, soybeans and wheat favored the downside overnight amid ongoing concerns about what Chinese demand could look like.
Weekend release of White House fact sheet combined with comments from Beijing dispel disappointment
Fragile U.S.-Iran ceasefire gets even shakier
After more than a year of waiting, China granted 5-year registration extensions to 425 U.S. beef plants and added new approvals. The move follows Trump–Xi talks in China this week, signaling a trade breakthrough.
With Select supplies shrinking and consumer demand locked on higher-quality beef, the traditional Choice-Select spread no longer tells the real market story.
Lack of concrete ag trade details from China summit stirs disappointment