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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Beef industry groups seem to agree — market-based pricing, not federal intervention, best supports rancher livelihoods and long-term beef supply stability.
Cattle groups say additional imports would offer little relief for consumers but could erode rancher confidence as the industry begins to rebuild herds.
The USDA’s latest Hogs and Pigs Report caught some analysts off guard. Inventories came in lower than expected, signaling tighter supplies ahead, even as producers return to profitability this year.
The government shutdown has touched nearly every sector of the ag industry since it began, and now impacts are spilling over into dairy.