At the 2026 Cattle Industry Convention, Secretary of Health and Human Services Robert F. Kennedy, Jr., urged producers to expand the beef herd in a “fireside chat” with National Cattlemen’s Beef Association (NCBA) President Buck Wehrbein. Kennedy, however, acknowledged that herd rebuilding will take time before the retail beef market sees any movement toward greater supplies. Relatedly, on Friday, President Trump signed an Executive Order (EO) that would temporarily quadruple Argentina’s beef quota to 80,000 MT for the calendar year 2026 only. The move authorizes an 80,000 metric-ton increase, which will be administered on a first-come, first-served basis in four quarterly tranches of 20,000 MT each.
The first tranc...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
