White House: US President to increase lean beef trimming import quota by 300,000 metric tons, citing rising beef prices and 75-year low cattle herd. This action follows a previous increase of 80,000 metric tons in February 2026, as the US beef industry faces supply contraction, growing demand, and restrictions on live animal imports. The Department of Agriculture forecasts beef output to fall by about 4% this year from 2025 levels, with the US cattle herd at its lowest in 75 years.