“America’s food supply chain is a national security priority for the Trump administration. We are committed to ensuring the American people have an affordable source of protein and that America’s ranchers have a strong economic environment ..."

Feeder cattle prices continued their long-term uptrend, posting new contract highs again this past week.

Soybean futures traded higher overnight; cattlemen are ‘concerned’ about Trump’s beef comments.

“Today’s comments alone triggered an immediate reaction in the markets — cattle futures dropped significantly. It’s important to underscore: the current price of beef on grocery store shelves reflects the true, inflation-adjusted cost of raising cattle in America today.

U.S. President Donald Trump said on Friday that his administration was working to lower the price of beef in the country.