President Trump announced a slew of reciprocal tariffs earlier this week, and it is receiving mixed reviews from the agriculture industry.
National Cattlemen’s Beef Association Senior Vice President of Government Affairs Ethan Lane says he is not sure why anyone is surprised by the announcement and talks about the opportunities for the cattle industry.
Lane also stressed why trade is vital to the industry and calls out Australia.
What do cattlemen want from a Trump Administration trade agenda?
Lane provides an update on the Mexican feeder cattle situation.
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Ted Ogle of Superior Livestock says limited supplies still underpin the market despite a slight retreat in cattle prices, but expects volatility to persist into the fall.
The USDA’s September Cattle-on-Feed report shows inventories remain above year-ago levels, while both placements and marketings fell to record lows for the month.
Santa Teresa livestock port reopens September 24, restoring another cattle trade route from Mexico while maintaining new safeguards against New World screwworm.
Analysts expect USDA’s September Cattle on Feed report to show fewer August placements and marketings than a year ago, even as the total feedlot inventory remains higher.
New Mexico becomes the 31st state with an approved State MPI program.
A community survey found strong demand for fresh produce, meat and locally sourced products.
