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.
Related Stories
Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
University of Illinois Ag Economist Gary Schnitker says early projections indicate soybeans will be more profitable than corn in 2026.
“In the first six months of 2025, 181 Chapter 12 bankruptcies were filed nationwide.”
Trump’s upcoming talks raise hopes for U.S. soybeans, but China’s record purchases from Brazil and Argentina show America’s market share remains under heavy pressure.
Farmers face tighter barge capacity and higher freight costs during peak harvest.
“MAKE SOYBEANS, AND OTHER ROW CROPS, GREAT AGAIN!”
