# Beef industry conflicted over international trade policy

> Beef councils in Oklahoma, Texas and Kansas published an 86-page report by Derrell Peel and Glynn Tonsor estimating that cutting US beef trade could cost the agricultural economy more than $120 billion. The report was commissioned amid political debate involving R-CALF and other industry groups over curbing beef trade.

- Date: 2022-11-23 · published 2022-11-23T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/38607-beef-industry-conflicted-over-international-trade-policy
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Political pressure to curtail beef imports and exports could affect cattle demand and price if it advances into policy. The report itself is an economic analysis and does not change trade rules, so near-term price impact is modest.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-10-02 | [Cattle Economics: Changes in International Beef Trade \| UT Beef & Forage Center](https://feedsoft.ai/events/39083-cattle-economics-changes-in-international-beef-trade-ut-beef-and-forage-center.md) | +0.7% | +4.2% |
| LCATTLE | 2022-10-03 | [Cow-calf Corner: The importance of beef trade to the cattle industry  - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/39082-cow-calf-corner-the-importance-of-beef-trade-to-the-cattle-industry-texas-and.md) | +0.7% | +4.2% |
| LCATTLE | 2021-10-11 | [Lull falls over Australia’s northern cattle export trade - Beef Central](https://feedsoft.ai/events/44502-lull-falls-over-australia-s-northern-cattle-export-trade-beef-central.md) | +0.3% | +4.0% |
| LCATTLE | 2022-11-11 | [International trade focus of keynote at Stockmanship and Stewardship event - High Plains Journal](https://feedsoft.ai/events/38605-international-trade-focus-of-keynote-at-stockmanship-and-stewardship-event-high.md) | +0.1% | +1.6% |
| LCATTLE | 2019-09-05 | [Trade uncertainty dominates global beef Q3](https://feedsoft.ai/events/57031-trade-uncertainty-dominates-global-beef-q3.md) | -2.1% | +3.2% |
| FCATTLE | 2022-10-03 | [Cow-calf Corner: The importance of beef trade to the cattle industry  - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/39082-cow-calf-corner-the-importance-of-beef-trade-to-the-cattle-industry-texas-and.md) | +0.3% | +2.1% |
| FCATTLE | 2019-04-04 | [What happens to beef if the Mexican border closes? \| Western Livestock Journal](https://feedsoft.ai/events/59549-what-happens-to-beef-if-the-mexican-border-closes-western-livestock-journal.md) | +0.3% | -4.0% |
| FCATTLE | 2024-01-03 | [Cross-border cattle cooperation benefits beef business \| KUT Radio, Austin's NPR Station](https://feedsoft.ai/events/32074-cross-border-cattle-cooperation-benefits-beef-business-kut-radio-austin-s-npr.md) | -0.7% | +6.5% |

## Sources

- journalrecord.com: https://journalrecord.com/2022/11/23/beef-industry-conflicted-over-international-trade-policy/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.