Archive · 18 Nov 2025
US Cattle Futures Rise Despite Trump's Tariff Rollbacks
Even though President Trump removed taxes on beef to make it cheaper for Americans, the prices of cattle in the US went up.
This is because traders thought there might be more beef coming into the US, but they also knew that the US has fewer cows than usual.
Australia is happy about the tax removal because US companies buy beef from them.
CME cattle futures ended higher on Monday
Traders shrugged off US President Donald Trump's decision to roll back tariffs on beef imports
Tariff cuts initially negatively impacted cattle futures but were later factored into markets
Trump administration announced framework trade deals with several countries
Australia cautiously welcomed Trump's tariff rollback on beef
- Who
- US President Donald Trump, traders, Australia
- What
- US President Donald Trump rolled back tariffs on beef imports; CME cattle futures rose
- When
- Monday, November 17, 2020
- Where
- Chicago Mercantile Exchange
- Why
- Traders factored in the tariff rollback; US has fewer cows than usual
- Tariff-removed items
- Beef
- Impact on cattle futures
- Initially negative, then factored into markets
- US cattle herd size
- Smallest in decades
- USDA Cattle on Feed report
- Expected to show seventh month of lower placements
Sources
Trump's voters are hurting: The reason US cut tariffs on 200 food items
India Poised To Gain From New US Tariff Exemptions On Key Agricultural Goods
CME cattle jump as traders shrug off tariff rollbacks
