U.S. Beef To China and U.K. & Top Cattle Prices

2025-05-16

It’s the Ranch It Up Radio Show Herd It Here Weekly Report! A 3-minute look at cattle markets, reports, news info, or anything that has to do with those of us who live at the end of dirt roads. Join Jeff 'Tigger' Erhardt, the Boss Lady Rebecca Wanner aka 'BEC' by subscribing on your favorite podcasting app or on the Ranch It Up Radio Show YouTube Channel. Trade Wars Cease As U.S. Beef Exports Resume The ongoing U.S.–China trade war eased this week following a new 90-day tariff reduction agreement. Under the agreement, U.S. tariffs on Chinese goods will drop...

Trade Wars Cease As U.S. Beef Exports Resume

The ongoing U.S.–China trade war eased this week following a new 90-day tariff reduction agreement.

Under the agreement, U.S. tariffs on Chinese goods will drop from 145% to 30%, while China’s retaliatory tariffs on U.S. products, including meat, will fall from 125% to 10%. The reductions officially took effect on Wednesday, May 14th.

In addition, the U.S. and United Kingdom governments announced an “agreement in principle” Thursday for a trade deal that promises to lift beef exports.

The outline includes cuts to recently hiked U.S. tariffs on British cars, steel and aluminum, while the U.K. would slash tariffs on 2,500 U.S. products to a reported average tariff rate 1.8%. On the beef side, sales to the U.K. were worth $32 million last year.

Agriculture Secretary Brooke called the announcement “a historic deal with the UK that secures increased access for American agricultural products, including unprecedented access for American beef and ethanol.

REFERENCE: https://www.meatingplace.com/Industry/News/Details/119072

Fairview, Oklahoma Tops Daily Cattle Sales

According to National Beef Wire, Fairview Livestock Commission Company, Fairview, Oklahoma had the top sale for Tuesday, May 13th. 925 lb steers sold for $296.50! That comes out to $2,743 a head!

Upcoming Bull & Heifer Sales On RanchChannel.Com

Lot’s of bull and heifer sales coming up on the RanchChannel.Com sale calendar. Check out the full line up HERE.