ExecutiveOrdersEO
Proc 11059ProclamationTrump 47 · R

Proclamation 11059

Further Ensuring Affordable Beef for the American Consumer

TradeTradeEconomy & LaborEconomy & Labor

In simple terms

This proclamation temporarily increases the U.S. beef tariff-rate quota (TRQ) by 300,000 metric tons for lean beef trimmings in 2026, allocated to "other countries or areas" beyond Argentina's existing allocation from Proclamation 11010. The additional quota is administered in three 100,000 mt tranches from September 1 through November 30, 2026, with monitoring requirements to ensure imported beef is sold at least 25 percent below market price.

Federal Register Open PDF 91 FR 55989

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 91 FR 55989

    Federal Register PDF
  3. In 10d

    First tranche closes

  4. In 11d

    Second tranche of 100,000 mt opens

  5. In 40d

    Second tranche closes

  6. Third tranche final closing date (or earlier if filled)

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Sectors

Agriculture

Mechanisms

QuotaTariff

Role pressure

  • ProtectiveImporter — Expanded TRQ creates new quota access for lean beef trimmings imports, with first-come, first-served allocation creating competitive urgency
  • AdverseDomestic producer — Additional 300,000 mt of imported lean beef trimmings increases competition for domestic ground beef market; price monitoring at 25% below market may compress margins
  • ProtectiveDownstream manufacturer — Ground beef processors gain access to cheaper imported inputs, with explicit goal of reducing consumer prices
  • MixedTrading-partner exporter — Non-Argentina suppliers gain access to 'other countries or areas' allocation, but first-come, first-served creates uncertainty and potential windfall termination clause adds risk

Geographies

USOTHER

Exposure dates

  • — First tranche closes
  • — Second tranche of 100,000 mt opens
  • — Second tranche closes
  • — Third tranche final closing date (or earlier if filled)

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

ADMArcher Daniels MidlandBGBungeCATCaterpillarCTVACortevaTSNTyson Foods

Confidence: high · Policy alerts

Key directives

  • Increase aggregate in-quota quantity for lean beef trimmings by 300,000 mt for calendar year 2026
  • Restrict additional quantity to HTSUS statistical reporting numbers 0201.30.5091, 0201.30.5097, 0202.30.5091, 0202.30.5097
  • Administer in three 100,000 mt tranches on first-come, first-served basis
  • Allocate entirely to 'other countries or areas' (not Argentina)
  • USTR to determine additional HTSUS modifications via Federal Register notice
  • CBP to ensure eligible countries have full access and make operational adjustments
  • Secretary of Agriculture to continue monitoring domestic supply and advise on further action
  • Secretary of Agriculture and USTR to monitor whether imports sold at 25% below market price; notify President if not
  • Secretary of Agriculture, Secretary of Homeland Security, and USTR to implement through temporary suspension or amendment of regulations

Who is ordered

Prior policy

  • supersedeAny inconsistent provision of previous proclamations and Executive Orders

What to expect

Immediate

  • TRQ increase proclaimed; HTSUS modifications initiated

Near term (90d)

  • First tranche opens September 1, 2026 (100,000 mt)
  • Second tranche opens October 1, 2026 (100,000 mt)
  • Third tranche opens October 31, 2026 (100,000 mt)
  • Monitoring of import prices versus 25% below market price begins
  • Potential termination if price discount not achieved

Long term

  • Possible herd rebuilding as USDA phased reopening of southern cattle ports continues
  • Potential further action if supply remains inadequate

Risks & tensions

  • Price monitoring mechanism (25% below market) creates enforcement ambiguity—'market price' undefined, may trigger abrupt termination
  • First-come, first-served allocation risks rapid exhaustion and potential trade disputes among eligible exporters
  • Explicit blame of 'prior Administration's War on Cattle' signals political framing of supply constraints
  • Live animal import restrictions from Mexico due to New World Screwworm create parallel supply bottleneck beyond quota scope
  • Drought and wildfire conditions may persist, limiting domestic herd recovery regardless of import volume
  • Argentina's existing allocation preserved but other suppliers may challenge non-specific 'other countries or areas' allocation
Proclamation 11059: Further Ensuring Affordable Beef for the American Consumer · Executive Orders