However, has there been any progress on other trade deals? With the markets swinging up and down during Monday's trading session, what is happening?
AgDay and U.S. Farm Report reporter Betsy Jibben has the story.
Policy news grabbed the headlines yesterday, as USDA Secretary Sonny Perdue announced a $12 billion relief package for farmers impacted by tariffs. Beef leaders say they look forward to reviewing the details.
Bilateral talks aimed at reducing the U.S. trade deficit with China have yielded some initial deals, but U.S. firms say much more needs to be done as a deadline for a 100-day action plan expires on Sunday.