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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The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
