Cattle futures plunge on Trump’s calls for lower U.S. beef prices
- ZISK
- 12 hours ago
- 1 min read
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.
Futures for feeder cattle in Chicago dived by as much as 4.1% Tuesday after Trump reiterated a call to bring prices down. “The ranchers for 35 years have done very poorly,” he told reporters. “Now they are doing well, but the price is up.”
The president’s plans to provide relief to consumers include importing more beef from Argentina. Cattle futures are also being pressured by talks with Mexico over resuming imports into the U.S., as well as negotiations with Brazil to reduce duties on beef and other goods such as coffee. Taken together, investors who had been bullish on cattle have been getting out.
Bloomberg, Content provider
October 29, 2025
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