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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The government shutdown has touched nearly every sector of the ag industry since it began, and now impacts are spilling over into dairy.
Expect firm calf and fed-cattle prices — pair selective heifer retention with prudent hedging and liquidity to bridge rebuilding costs.
The new antitrust agreement between the Department of Justice (DOJ) and the U.S. Department of Agriculture (USDA) aims to enforce antitrust laws and monitor market activity across the ag sector.
Peel says Mexico has a much greater capability to expand its beef industry than it did 20 or 30 years ago in terms of its feeding and packing infrastructure.
The impacts of the government shutdown have reached commodity growers with crops to move, ag economists monitoring the harvest without key data reporting, and meat producers in need of new export markets.