Increased beef imports (mostly lean processing beef) partially offsets decreased nonfed beef production in the U.S., helping to moderate sharply higher ground beef prices and increasing use of fatty trimmings from U.S. fed cattle.

Joe Kooima of Kooima Kooima Varilek says the funds were liquidating long positions on the open Friday after President Donald Trump said the administration was working on a plan to lower beef prices. Some of it was triggered by algorithm trades that key their formulas off headlines.

On Oct. 16, 2025, President Donald Trump said the price of beef is “higher than we want it, and that’s going to be coming down pretty soon.” In his speech, President Donald Trump discussed

Feeder Cattle futures for November 2025 through Oct of 2026 closed limit lower on Friday – down $9.25 per cwt.

U.S. cattle groups are praising the Trump administration's plan to slap an additional 50% tariff on Brazilian goods, including beef. (Courtesy U.S. Department of State) President Trump’s plan to hit Brazil with a 50% tariff heartens at least one sector ...