Senate Committees are full speed ahead with confirmation hearings beginning today for President-elect Trump’s cabinet picks.
Senator Chuck Grassley recently met with Trump’s pick to lead USDA, and says he urged Brooke Rollins to focus on new trade agreements.
“And I would suggest continuing where Trump left off, with starting negotiations with African countries, specifically with Kenya, where they were starting out. And then, the extent to which they can continue to negotiate with the United Kingdom.”
A handful of nominees will begin the confirmation process this week. The Senate Legislative calendar does not have a hearing set for Rollins.
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One trader said the products entering the U.S. are primarily grind and trim, noting that the volume and type of beef, on its own, should not cause a major disruption. However, he says fund traders are reacting heavily to headlines rather than market realities.
