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
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
Disease risks remain a key factor to watch heading into fall.
U.S. aquaculture may gain competitive ground as harmful subsidies are phased out abroad, but producers should monitor shifts in import supply chains and trade enforcement closely.
