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USDA trade nominee Greg Ibach told the Senate Agriculture Committee that the United States should press China to relist U.S. beef plants that have lost authorization to export there. He said expanding market access and addressing trade barriers would be priorities if confirmed.
If China restores plant approvals, U.S. beef exports and cattle demand could benefit, but no access change or new purchases were announced. The price implication is therefore prospective and limited.
agri-pulse.comHannah GuthoerlNov 11, 2026After 78 past bullish trade events, Live Cattle moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +1.2%), and +0.5% 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.
