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Corn, soybeans and wheat saw relatively tight ranges overnight following the surge higher on Monday.
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
Bullish grain markets balloon rapidly deflating
As producers navigate financial strain and D.C. disconnect, realities such as steep input costs, trade frustrations and E15 limbo are becoming decisive factors shaping the rural vote.
But values eased 1% during the first quarter of 2026 versus the fourth quarter of 2025.
ASA says it fully supports year-round E15 ethanol but says social media backlash stems from confusion over SREs in House bill language as the measure heads to a tougher Senate fight.