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...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
