Wall Street Surges on Rate Cut Expectations as Nasdaq, S&P 500 Hit Record Highs Wall Street is buzzing with what one analyst called “rate cut fever.” All three major stock indexes soared to record highs last week, as markets continue to price in upcoming action from the Federal Reserve. “All three major stock indexes hit new record highs last week. …
USMEF Reviews July 2025 Pork and Beef Export Trends: Strong Latin America Demand, China Remains a Challenge
The U.S. Meat Export Federation (USMEF) has released its analysis of the July 2025 U.S. pork and beef export numbers, based on the latest data from the USDA. USMEF President and CEO Dan Halstrom highlighted several key trends affecting meat exports, including strong pork demand in Latin America and ongoing beef export barriers to China. Halstrom began by addressing pork …
Fresh Pork Expected to Be More Price-Competitive with Beef and Chicken
Fall Pork Outlook: Tighter Supply, Competitive Prices, and Pork Month Demand As the fall season approaches, the pork industry is bracing for tight supplies and shifting market dynamics. According to a new report from the National Pork Board, pork is expected to remain a price-competitive protein option for consumers, even as production lags behind expectations. “A National Pork Board report …
National Pork Board Names New CEO
David Newman Named New CEO of the National Pork Board The National Pork Board has officially named David Newman as its new Chief Executive Officer, marking a new chapter in leadership for the organization that represents nearly 60,000 U.S. pork producers. Newman steps into the role after serving the past two years as Senior Vice President of Market Growth. Gordon …
National Pork Producers Share Optimism in US EU Trade Framework
National Pork Producers Council Optimistic About US-EU Trade Agreement Framework The National Pork Producers Council (NPPC) has expressed optimism regarding the recently released trade agreement framework between the United States and the European Union. The framework includes targeted efforts to address longstanding trade imbalances that have impacted the pork industry for decades. National Pork Producers Council President Duane Stateler shared …
USDA Beef and Pork Production and Price Forecasts Released
USDA Lowers 2025-2026 Beef and Pork Production Forecasts, Raises Price Outlooks The USDA has released its updated forecast for beef and pork production and pricing for 2025 and 2026, signaling a tightening in supply and continued upward pressure on prices. World Agricultural Outlook Board Chair Mark Jekinowski provided key insights into the changes impacting the U.S. meat sector. “Our 2025 …
U.S.-Japan Trade Agreement Maintains Key Access for U.S. Red Meat Exports
Following last week’s high-level Japanese tariff negotiations in Washington, D.C., a new chapter in the U.S.-Japan trade and investment agreement is taking shape—one that promises ongoing stability for U.S. red meat exports. According to U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom, the finalized deal is a critical step in preserving long-term market access in one of the …
National Pork Producers Supports Save Our Bacon Act
Save Our Bacon Act Targets Farm-Killing Regulations NPPC Supports Bill to Protect Family Pork Producers The National Pork Producers Council (NPPC) has endorsed the Save Our Bacon Act, introduced by U.S. Representative Ashley Hinson of Iowa. The bill aims to protect family farms from what the NPPC calls a “dangerous and chaotic web” of conflicting state mandates — most notably …
USMEF President Reviews Exports of Pork and Beef in June
June Beef and Pork Exports: USMEF Highlights Growth in Latin America Despite China Challenges The U.S. Meat Export Federation (USMEF) released its latest June beef and pork export data, revealing contrasting trends between the two proteins. While U.S. pork exports saw notable growth, beef exports declined, primarily due to limited market access in key destinations like China. According to USMEF …
Senate Committee Advances Bill To Provide Funding to USDA Agencies
Senate Moves Forward with $27.1 Billion USDA Funding Package The U.S. Senate Committee on Appropriations has advanced the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, a bill allocating $27.1 billion in discretionary spending to key U.S. Department of Agriculture (USDA) agencies. According to the National Pork Producers Council (NPPC), the measure is designed to strengthen …