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USDA trade nominee Greg Ibach told the Senate Agriculture Committee that restoring delisted U.S. beef plants in China would be an immediate priority if he is confirmed. China removed the plants from its approved list after the September Trump-Xi meeting.
The article notes China's 30-30 agreement earmarks $17 billion for US agriculture.
If China relists the delisted plants, US beef export capacity to China would rise, supporting domestic cattle prices. The effect is still prospective and depends on confirmation and Beijing's response.
agribusinesswire.comMarcus BennettNov 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.
