08/21/2026
Trump Announces Beef Import Deal on heels of Tyson Closures; IBA leaders working to address volatility and uncertainty
IBA Update from Josh St. Peters, Executive Vice President
On Friday morning, President Trump announced via a social media post that a deal had been reached to remove the import tariff quota on ground beef for three months in an effort he said comes with "a commitment that this beef will be sold at 25 percent below current market prices."
The lifting of the tariff quota means that packers will be able to import up to 300,000 metric tons of foreign ground beef over the next 90 days without penalty. Details of which markets qualify for the import program are not yet clear, but Trump's social media post stated that these efforts were part of his work to "rebuild this herd and help our ranchers."
The news follows action by JBS on Thursday to suspend some dairy cattle buying in the countryside, which likely coincides with today's announcement. Meanwhile, last week's sudden closure of the Joslin, Ill., beef packing plant owned by Tyson Foods left 15,000 fat cattle across the Illinois and Iowa countryside without a market. These cattle had been committed to Tyson but could not be delivered due to the abrupt shutdown of the plant. Producers have been working with cattle buyers across the industry to find hooks for these finished cattle, but cash markets have softened steadily on this volatility throughout the week.
Illinois Beef Association leaders are working together, along with members and state and federal policy leaders, to understand the implications of the Tyson closure and today's import tariff quota news.
"We are concerned with this announcement propping up foreign beef at the cost of our Midwestern producers," said Shannon Welsh, IBA President from Blandinsville, Ill. "Manipulating the cattle market by flooding our grocery stores with foreign meat is already reducing the value of our cattle and goes against efforts to rebuild herds on our family farms."
IBA Board members gathered in Springfield earlier this week to discuss the evolving market in the region and what the situation means for the state’s beef industry. The prior announcement by Tyson has serious implications for both producer profitability and the financial well-being of the state's beef trade organization and state beef council. Today’s tariff decision just further complicates the situation.
"These announcements are reducing the income of our farmer-members by the hour," said Josh St. Peters, IBA Executive Vice President. "Our organization's 30 farmer leaders are rallying to find solutions that can help members in the near term but also build sustainable markets for the future. Our membership is made up of family farms that are resilient. These producers are sharp marketers, but we need companies and policymakers to stop pulling the rug out from under us."
Since the news of the Joslin closing, IBA leaders have talked with Governor J.B. Pritzker and his senior staff. The State of Illinois is committed to ensuring we find viable alternatives for marketing cattle within our state. Director of Agriculture Jerry Costello, an IBA member and beef producer himself, has also committed the support of his agency to help farmers navigate challenges surfacing with the sudden closure of the state's largest beef processing facility.
IBA hosted a meeting with U.S. Senator Tammy Duckworth and been in communication with U.S. Senator Dick Durbin’s staff regarding the Tyson news. Both leaders have expressed commitment to helping farmers navigate federal programs or regulatory agencies that can support this unplanned transition. Several members of Illinois’ Congressional delegation have also conveyed their support to IBA members and the state's beef industry.
In parallel, the association's staff and leaders have been working daily with NCBA staff and leaders to understand what is happening across the U.S. marketplace and in Washington, D.C., during this market volatility. NCBA's CEO Colin Woodall met with IBA leaders following the Tyson announcement and has provided outreach and staff support to IBA during the last week as we address media inquiries, policymaker requests and other needs.
We have also seen tremendous support from other organizations and leaders in the Illinois agriculture and business community, including outreach from IL Corn, Illinois Farm Bureau, IL Pork, IL Soybean and the Illinois Manufacturers’ Association.
We are asking IBA members to stay in communication with the association and local board representatives regarding how the Tyson closure and today's announcement impacts your beef operation.
If you have cattle that were committed for slaughter at the Joslin facility that could not be delivered ahead of the closure, please make sure you have reported that to IBA. If member farms have pens of cattle that need to be marketed, IBA can assist with providing names and phone numbers for alternative cattle buyers in the region, as well.
IBA's commitment to advancing the state's beef industry remains unchanged during these challenging times, and we encourage members to let us know how we can best support cattle operations under current market conditions.
Please e-mail to [email protected], call the IBA office at (217) 787-4280 or send a message via the website's "Contact Us" link.