We've heard the president suggesting maybe uh something that he and the United States could do to help Argentina would be to increase the amount of beef imported into this into this country. That's something I gather you stand firmly against and I wonder if you feel like the administration has satisfactorily heard you out on that. Uh if you think this is something the president is not going to pursue.>> Yeah. Look, I I I disagree with bringing in beef from Argentina. There's no question about that.But it is ...

Livestock traders are paying attention to President Donald Trump’s vow to tackle high beef prices, sending futures for feeder cattle tumbling the most in four years https://t.co/rMF3nCfG3A ...

Political Landscape - Congressional Republicans are in disagreement with President Trump regarding cattle imports [1] - The disagreement represents a rare split between Republicans and President Trump [3] - Republicans are concerned about the potential impact on American cattle farmers [1][2] Trade Policy - President Trump considered importing more cattle from Argentina to help Argentina and lower beef prices [1] - The proposed policy change has triggered concern among American cattle farmers [1] Economic Impact - American cattle farmers fear that importing cattle would negatively impact them [1]

America's cattle ranchers and some of the biggest organizations representing them are voicing heated opposition to President Trump's decision to help Argentina. They say his plan to quadruple beef imports from Argentina will seriously hurt their bottom line just when they've had some rare years of profitability. But the president dismissed that criticism, writing on Truth Social, the farmers don't understand how they're benefiting from his tariffs.Our MSNBC teams are reporting live from cattle ranches in bo ...

President Trump attacked US cattle ranchers over their criticism of his plan to slash record beef prices by importing more meat from Argentina, deepening a quarrel over his trade policy https://t.co/ANPKXBkHam ...

Trump’s Plan For Buying Argentinian Beef Prompts Backlash From Ranchershttps://t.co/vZVO7Rcoc1 https://t.co/KgCdu5DMGo ...

Somalia’s livestock exports are receiving a boost from fading Australian and Sudanese competition, which could help drive its shipments above $1 billion this year https://t.co/PnhhaBf0lr ...

New Zealand watered down its 2050 target for methane emissions from livestock and farming activities. Read more in today's Green Daily https://t.co/LXvxaD3LoB ...

Core Insights - A 20-year-old secured a $100,000 loan to purchase cattle, raising concerns about the decision-making process behind such a loan [1][2] - The young borrower has experience in the cattle business, having worked alongside his father for 10 years, which adds context to the loan [2] - The loan was secured against a $100,000 certificate of deposit (CD), indicating a level of financial backing [3] Financial Analysis - The decision to borrow against the CD rather than using the funds directly for purchasing cattle was criticized, as loans typically carry higher interest rates than CDs [4] - The caller's confidence in the beef market's stability over the next two years was viewed as overly optimistic and compared to gambling, highlighting the unpredictability of commodity prices [4][5] - Ramsey emphasized the importance of understanding supply and demand dynamics in the cattle market, noting that an oversupply could lead to lower beef prices, while high demand with fewer cattle could increase prices [5]

Core Insights - The U.S. is not expected to become China's main supplier of soybeans, as China is currently seeking to fill its needs with U.S. soybeans until Brazil's next harvest [1] - The National Soybean Index reached its lowest monthly close at the end of September since August 2020, indicating ample supplies relative to demand [2] - The government shutdown has led to a lack of reporting from the USDA, creating uncertainty in the market and allowing China to potentially buy soybeans under the radar, similar to actions taken in 2018 [5][7] Market Trends - The agricultural markets are experiencing a quiet period, with livestock futures showing significant losses [4] - Basis is weak for both corn and soybeans due to increased supplies during harvest time, with producers selling soybeans while holding corn [8][12] - The cash cattle market is seeing pressure, with cutout values dropping significantly, indicating a potential shift in investor interest towards markets with a more bullish supply and demand outlook [16][18] External Factors - Gold prices are reaching record highs, driven by concerns over inflation and a growing lack of confidence in the U.S. economy, as central banks continue to buy gold as a safe haven [13][14] - The ongoing government shutdown is contributing to market uncertainty, impacting investor sentiment and trading behavior [15]