Despite Drought, Cow Slaughter Trends Lower

China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said.

U.S. Agriculture Secretary Sonny Perdue signaled that a renewed transatlantic trade truce will require more ambitious European Union efforts to ease imports of American foods.

U.S. beef exports through August are down form 2018's record pace, yet exports still account for 14% of total U.S. beef production.

Beijing says it supports domestic companies purchasing a certain amount of U.S. farm produce.

President Donald Trump and China’s Xi Jinping agreed to another truce in their trade war Saturday, removing an immediate threat looming over the global economy even as a lasting peace remains elusive.

Cattle and beef markets have decreased from April highs with uncertainty in a variety of factors weighing on markets the past month. 

The U.S. hiked tariffs on more than $200 billion in goods from China on Friday in the most dramatic step yet of Donald Trump’s push to extract trade concessions.

China is considering canceling a planned Washington trip this week by the country’s top trade negotiator, the Wall Street Journal reported.

President Donald Trump plans to to implement the previously delayed tariff increases on Chinese goods on Friday, raising tariffs from 10% to 25% on $200 billion worth of goods.