However, has there been any progress on other trade deals? With the markets swinging up and down during Monday's trading session, what is happening?
AgDay and U.S. Farm Report reporter Betsy Jibben has the story.
The latest monthly trade data has been tabulated – for August – and U.S. beef trade continued its impressive performance with monthly exports up 9 percent and year-to-date export totals up 14.2% year over year.
The U.S. Cattlemen's Association calls for "accurate meat labels" and noted they have asked FSIS to use certain labeling claims to be used exclusively for cattle "born, raised and slaughtered" in the U.S.
Argentina's new government has informally lifted restrictions on beef exports imposed by the previous government in a bid to ensure reasonable prices at home, the secretary for agriculture, livestock and fisheries told