WASHINGTON, D.C. (RFD News) — President Trump’s reported plan aimed at lowering beef prices has reportedly been delayed following pushback from members of the cattle industry.
The Wall Street Journal recently reported that the White House was considering an executive order that would allow increased beef imports along with several additional measures designed to make beef more affordable for consumers.
However, the publication now reports those plans have been put on pause.
According to Agri-Pulse, the National Cattlemen’s Beef Association has voiced opposition to the proposal, raising concerns about the potential impact increased imports could have on U.S. cattle producers.
Additional details on the administration’s next steps have not yet been released.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
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