President Trump confirms a trade deal has been made with the United Kingdom.
The President confirmed the deal on Truth Social and says the agreement will cement their relationship with the U.S. for years to come.
He is expected to hold a news conference in the Oval Office today to talk more about this deal. It will be the first major deal since he announced tariffs.
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Tyson’s Nebraska plant closure and falling Cattle on Feed numbers send cattle markets tumbling. Analysts warn of tighter supplies, weak margins, and rising global competition.
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.