Trump admin’s tariff-free beef imports haven’t lowered prices much
Published . Updated .
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Cattle prices for ranchers have fallen since the executive order to bring in lean beef from Argentina.
Directly affected
- No company is named in this report.
Indirectly affected
- DBA Invesco DB Agriculture Fund-6.1% 30d
Invesco DB Agriculture Fund: it holds farm and agribusiness assets. Linked by “beef” (meat and livestock) in this story.
- MOO VanEck Agribusiness ETF-2.7% 30d
VanEck Agribusiness ETF: it holds farm and agribusiness assets. Linked by “beef” (meat and livestock) in this story.
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- ARGT Global X MSCI Argentina ETF-11.0% 12d
Global X MSCI Argentina ETF holds stocks listed in Argentina, which this story is about (“argentina”).
- TSN Tyson Foods+10.9% 30d
Tyson Foods (poultry slaughtering and processing): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “beef” (meat and livestock) in this story.
- DE Deere-2.2% 30d
Deere (farm machinery and equipment): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “beef” (meat and livestock) in this story.
- ZTS Zoetis+22.0% 30d
Zoetis (pharmaceutical preparations): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “beef” (meat and livestock) in this story.
- CAT Caterpillar-31.9% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DBA | +2.60% | +1.24% | base | -0.11% | after close | after close | after close |
| MOO | +0.29% | +1.81% | base | +2.44% | after close | after close | after close |
| XLI | +4.34% | +4.15% | base | +4.24% | after close | after close | after close |
| ARGT | +6.23% | +6.37% | base | +2.20% | after close | after close | after close |
| TSN | -4.37% | +0.55% | base | +0.31% | after close | after close | after close |
| DE | -0.85% | +0.44% | base | +3.33% | after close | after close | after close |
| ZTS | +4.72% | +12.28% | base | +3.61% | after close | after close | after close |
| CAT | +9.84% | +5.82% | base | +7.10% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Trump admin’s tariff-free beef imports haven’t lowered prices much Texas Standard
Source: Texas Standard
How far Invesco Db Agriculture Fund (DBA) has moved since 9 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| ARGT | that day | +2.20% | final price |
| ARGT | three days earlier | +6.37% | final price |
| ARGT | five days earlier | +6.23% | final price |
| Caterpillar (CAT) | that day | +7.10% | final price |
| Caterpillar (CAT) | three days earlier | +5.82% | final price |
| Caterpillar (CAT) | five days earlier | +9.84% | final price |
| Invesco Db Agriculture Fund (DBA) | that day | -0.11% | final price |
| Invesco Db Agriculture Fund (DBA) | three days earlier | +1.24% | final price |
| Invesco Db Agriculture Fund (DBA) | five days earlier | +2.60% | final price |
| Deere (DE) | that day | +3.33% | final price |
| Deere (DE) | three days earlier | +0.44% | final price |
| Deere (DE) | five days earlier | -0.85% | final price |
| Vaneck Etf Trust (MOO) | that day | +2.44% | final price |
| Vaneck Etf Trust (MOO) | three days earlier | +1.81% | final price |
| Vaneck Etf Trust (MOO) | five days earlier | +0.29% | final price |
| Tyson Foods (TSN) | that day | +0.31% | final price |
| Tyson Foods (TSN) | three days earlier | +0.55% | final price |
| Tyson Foods (TSN) | five days earlier | -4.37% | final price |
| Select Sector Spdr Tr (XLI) | that day | +4.24% | final price |
| Select Sector Spdr Tr (XLI) | three days earlier | +4.15% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | +4.34% | final price |
| Zoetis (ZTS) | that day | +3.61% | final price |
| Zoetis (ZTS) | three days earlier | +12.28% | final price |
| Zoetis (ZTS) | five days earlier | +4.72% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Tyson Foods (TSN), worth $15,001 - $50,000 on 26 Aug 2026. That is 75 days before publication. Filed 8 Oct 2026. View the filing.
- Sen. Shelley M Capito sold Zoetis (ZTS) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 19 days before publication. Filed 4 Nov 2026. View the filing.
- Rep. Gilbert Cisneros bought Zoetis (ZTS), worth $1,001 - $15,000 on 18 Sep 2026. That is 52 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Zoetis (ZTS) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 66 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 42 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 38 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 42 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 45 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Invesco Db Agriculture Fund (DBA)
Companies mentioned with this story
- DBA Invesco Db Agriculture Fund
In “Trump admin’s tariff-free beef imports haven’t lowered prices much,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Invesco DB Agriculture Fund: it holds farm and agribusiness assets. Linked by “beef” (meat and livestock) in this story
- MOO Vaneck Etf Trust
For “Trump admin’s tariff-free beef imports haven’t lowered prices much,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: VanEck Agribusiness ETF: it holds farm and agribusiness assets. Linked by “beef” (meat and livestock) in this story
- XLI Select Sector Spdr Tr
For “Trump admin’s tariff-free beef imports haven’t lowered prices much,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- CAT Caterpillar
In “Trump admin’s tariff-free beef imports haven’t lowered prices much,” Caterpillar (CAT) is linked, with no stored direction, medium confidence. Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DE Deere
In “Trump admin’s tariff-free beef imports haven’t lowered prices much,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
Walmart (WMT) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Trump admin’s tariff-free beef imports haven’t lowered prices much.” Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- TSN Tyson Foods
Tyson Foods (TSN) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Trump admin’s tariff-free beef imports haven’t lowered prices much.” Reason on file: Tyson Foods (poultry slaughtering and processing): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “beef” (meat and livestock) in this story
- ZTS Zoetis
For “Trump admin’s tariff-free beef imports haven’t lowered prices much,” Zoetis (ZTS) is linked, with no stored direction, medium confidence. Reason on file: Zoetis (pharmaceutical preparations): meat, farm and animal-health firms move with cattle prices and meat trade rules. Linked by “beef” (meat and livestock) in this story
Invesco Db Agriculture Fund (DBA)
The 9 Nov 2026 story “Trump admin’s tariff-free beef imports haven’t lowered prices much” names Invesco Db Agriculture Fund (DBA) because of this story.
For Invesco Db Agriculture Fund (DBA), the reason on file says Invesco DB Agriculture Fund: it holds farm and agribusiness assets. Linked by “beef” (meat and livestock) in this story
Also listed, Vaneck Etf Trust (MOO): VanEck Agribusiness ETF: it holds farm and agribusiness assets. Linked by “beef” (meat and livestock) in this story
Dates in the story, and the Invesco Db Agriculture Fund (DBA) price range
DBA traded between 26.80 and 28.86 across 20 sessions. The latest close on file is 26.80. MOO traded between 79.94 and 82.66 across 20 sessions. The latest close on file is 82.36. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
What the saved facts support for Invesco Db Agriculture Fund (DBA)
46 out of 100
“Trump admin’s tariff-free beef imports haven’t lowered prices much” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.