All eyes are on Washington, DC, and what will happen with President Trump’s “Big, Beautiful Bill.”
The National Cattlemen’s Beef Association says they are eager to get the budget settled. They are asking Congress to pick up the pace and pass the House reconciliation package. NCBA says the House plan holds crucial tax relief efforts that will allow ranchers to keep more money, while also ramping up protections against foreign animal diseases.
The organization hopes Congress will send the bill to the President’s desk as soon as possible.
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Despite the need for swift action, many ag lawmakers and industry groups argue that farm aid alone will likely not be sufficient to help farmers without improved trade relations with China.
SDRP Stage 2 now helps producers recover shallow, uninsured losses from major 2023–2024 disasters, with streamlined sign-ups open through April 30.
The National Milk Producers Federation will launch a new advocacy campaign to secure a final vote, urging House lawmakers to approve the bill as soon as they return from the Thanksgiving recess.
AFBF Vice President of Public Policy and Economic Analysis, Dr. John Newton, explains the factors contributing to the growing financial strain in the ag sector and the urgent need for swift economic support.
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.
