NCBA Statement on President Trump’s Truth Social Post

Today, National Cattlemen’s Beef Association (NCBA) Chief Executive Officer Colin Woodall issued the following statement in response to President Trump’s post regarding beef imports:

“NCBA is disappointed by the President’s statement. While America’s cattle producers share the goal of keeping groceries affordable for consumers, flooding the market with government-subsidized, below-market beef is not the way to rebuild the American cattle herd. Cattle markets have already turned sharply lower this morning, to the detriment of farmers and ranchers. This is a critical time of year for cattle producers, as we approach...

Rounds Introduces RANCH Act to Help Rebuild America’s Cattle Herd

U.S. Senators Mike Rounds (R-S.D.) and Amy Klobuchar (D-Minn.), ranking member of the Senate Agriculture Committee, today introduced the Rebuilding America’s National Cow Herd (RANCH) Act. This legislation would create a new voluntary grazing land restoration program that would open up to 20 million new acres for grazing. At full enrollment of 20 million acres, the program established by the RANCH Act would provide sufficient grazing land to support an estimated two to four million additional beef cows.

“Anyone who has spent time around cattle understands one simple truth: no grass means no cattle,” said Rounds...

El Niño to Impact Trade? Panama Canal Could Suspend Vessel Bookings, Says Bloomberg

As of July 21, operators at the Panama Canal could curtail some vessel booking slots due to water-supply challenges, reported Bloomberg. Previously, Expana's team flagged this possibility during a June 25 webinar, according to Weather & Crop Researcher, James Tyler. Affected commodities could range from corn and soybeans, to fruit, vegetables, seafood, and more.

On July 7, the Panama Canal Authority (ACP) could reduce the maximum authorized vessel draft for its largest locks to 44 feet by...

Middle East Market Intelligence Brief: Week Ending May 29, 2026

Three months into the Iran war, the United States and Iran have reached a tentative framework to extend a ceasefire, reopen the Strait of Hormuz, and ease some US blockade measures, though the deal has not been approved by US President Donald Trump, reports Reuters. 

The proposed agreement would create a 60-day window for broader negotiations after months of conflict disrupted global oil, LNG, and other commodity markets. Major unresolved issues include Iran’s nuclear program, sanctions relief, and security in the Strait of Hormuz.

The framework is seen as a temporary de-escalation measure aimed at stabilizing energy markets rather than...

USDA Issues Livestock Relief Program Payments for 2023 and 2024 Drought, Flood and Wildfire Losses

U.S. Secretary of Agriculture Brooke L. Rollins today announced U.S. Department of Agriculture’s (USDA) Farm Service Agency (FSA) has issued final Emergency Livestock Relief Program (ELRP) payments totaling more than $1.89 billion. Eligible applicants who applied for ELRP 2023 and 2024 Flood and Wildfire (ELRP 2023 and 2024 FW) assistance will receive 100% of their eligible calculated payment in a single lump sum. USDA is also making a second payment to producers who previously received their initial factored payment for ELRP 2023 and 2024...

CattleFax Outlook Signals Cattle Cycle Turning as Strong Demand Meets Tight Supplies in 2026

The popular CattleFax Outlook Seminar, held as part of CattleCon 2026 in Nashville, Tennessee, shared expert market and weather analysis today.

“The U.S. cattle and beef industry enters 2026 with strong but volatile market conditions, as historically tight cattle supplies, record-setting beef demand, and elevated policy and weather uncertainty continue to support prices, even as markets appear to near cyclical highs. Tight inventories and exceptional demand remain the dominant forces shaping the market; however, producer demographics, high input costs, and policy uncertainty point to a...