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Florida and national cattle groups criticized Trump's plan to import 300,000 tons of tariff-free beef, which he said would cut beef prices 25 percent below current market levels. The National Cattlemen's Beef Association and Florida Cattlemen's Association said the intervention disrupts market signals that encourage herd rebuilding.
USDA expects beef and veal prices to rise 10.7 percent this year, and the U.S. cattle herd is at a 75-year low.
A large duty-free import program would add beef supply and pressure domestic cattle prices, especially with the herd at a multi-decade low that limits how much extra supply the market can absorb. Producers' opposition signals potential uncertainty about future herd rebuilding.
floridatrend.comNov 1, 2026After 121 past bearish trade events, LCATTLE moved a median -0.6% over 5 sessions (40% higher; middle half -1.6% to +0.8%), and -0.3% over 20.
After 87 past bearish trade events, FCATTLE moved a median +0.4% over 5 sessions (54% higher; middle half -3.2% to +1.9%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
