President Trump’s One Big Beautiful Bill has made its way to the Senate after passing in the House. Part of the bill includes an increase in reference prices, leaving many wondering how ARC and PLC payments might be impacted.
Farm CPA Paul Neiffer spoke with RFD-TV’s Tammi Arender about how this will impact producers and how the Senate might change it.
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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.
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