U.S. wheat futures rose 4.00% intraday to 731.50 c/bu; U.S. corn futures gained over 2.00% intraday to 534.00 c/bu.

At a State Council press briefing, Ministry of Industry and Information Technology Vice Minister Xin Guobin said advancing high‑quality SME development requires prioritizing the cultivation of higher‑quality firms and sustaining the 'specialized, refined, distinctive and innovative' brand. He said authorities will focus on boosting SMEs' comprehensive competitiveness, protecting small firms and strengthening their standardization capabilities.

Zhipu launched and open-sourced GLM-5.3-Flash (320B-A18B), a native multimodal model in the GLM-5 series with 320 billion parameters. The company says the model outperforms GLM-5.2, scored 57 on the AA Comprehensive Intelligence Index—placing it in the global frontier model band and on par with Anthropic's Claude Opus 4.8—and produced comparable coding results on Zhipu's Z.ai Code Bench. Zhipu priced GLM-5.3-Flash at one-tenth of GLM-5.3, with a limited-time discount to one-twentieth, and says list pricing is one-fortieth of Claude Opus 4.8.