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Trump Eyes Argentine Beef Purchase Amid Market Volatility

10/21/2025

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Summary

Story summary

U.S. President Donald Trump announced plans to study buying beef from Argentina, a move that could affect futures markets.
Despite strong cattle prices, traders liquidated.
The USDA has not updated production figures.
Pork demand remains robust, with prices at $104.84 per cwt, up 10% year over year.
CoBank expects slower growth with rate cuts as the shutdown could delay $10–$15 billion farm aid and affect exports.

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Story summary

U.S. President Donald Trump announced plans to study buying beef from Argentina, a move that could affect futures markets.
Despite strong cattle prices, traders liquidated.
The USDA has not updated production figures.
Pork demand remains robust, with prices at $104.84 per cwt, up 10% year over year.
CoBank expects slower growth with rate cuts as the shutdown could delay $10–$15 billion farm aid and affect exports.