The U.S. cattle industry is applauding President Trump’s recent trade deal with the United Kingdom, calling it a win for ranchers.
Kent Bacus with the National Cattlemen’s Beef Association joined RFD-TV’s Tammi Arender to discuss what it means for the industry, how big of a market it is for U.S. beef, and their “Battle of the Beef” last year.
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Lower shipping costs alone will not restore export competitiveness.
Rising fuel costs will soon increase grain transportation expenses.
The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.
South Texas farmers face worsening drought as Mexico falls short on water payments, leaving producers struggling for irrigation under the 1944 treaty.
Expanded access could boost demand for U.S. exports.
Exports depend more on demand than currency shifts.
