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Ranch Group Applauds Legislation to Reform Tariffs & Quotas Affecting US Cattle and Sheep Producers
Today [June 25, 2026], U.S. Sen. Bill Cassidy, R-La., introduced the Home Market Restoration Act of 2026, legislation that would establish tariff-rate quotas for import-sensitive agricultural products, including lamb, live cattle and beef, as well as shrimp, crawfish, catfish, rice, honey and goat meat.
The United States established very low tariffs on livestock and meat imports in the 1930s and has not adjusted them for inflation since that time. In addition, numerous countries now have tariff-free access to the United States through...
US Beef Featured at Prominent Beef Festival in Thailand
Despite tariff disadvantages for U.S. beef, several factors point to expanding opportunities in Thailand, including a potential trade agreement.
While beef from Australia, New Zealand and Japan benefit from zero duties in Thailand under free trade agreements, U.S. beef is currently tariffed at 50%. But a signed framework for an agreement on reciprocal trade between the U.S. and Thailand in Oct. 2025, aimed at reducing trade barriers, offers hope to importers and U.S. exporters for a leveled trade environment...
ASA Urges President Trump to Prioritize Soybeans in Upcoming Trade Talks with China
Ahead of a planned meeting with President Xi Jinping in China later this month, the American Soybean Association is urging President Trump to prioritize U.S. soybeans in ongoing trade talks and secure additional commitments from China to support American farmers and ranchers.
In a lettersent today to the White House, ASA called for additional purchases of U.S. soybeans and the removal of the remaining 10% retaliatory tariff on U.S. imports into China.
“Farmers continue to face serious headwinds as we enter the 2026 planting season,” said ASA...
FEATURED STORIES
ANALYSIS: US 2026 Live Cattle Rally Loses Steam, Steer Prices Fall Nearly 10% from Record Highs
ANALYSIS: Import Ban Keeps US Feeder Supplies Tight Despite Slower NWS Spread
ANALYSIS: China Confirms Brazil Hits 80% of Its 2026 Beef Safeguard Quota
ANALYSIS: Turkey Production Potential Grows as June Poult Placements Rise YOY
ANALYSIS: Australia's Korean Beef Safeguard Quota Hits 100% in Record 202 Days