What happened
President Trump announced plans to take action to support ranchers, according to the report.
He will sign an executive order that permits ranchers to process their own beef, bypassing large processors.
The order would allow small, medium, and large ranch operators to sell meat products directly to consumers and would ease health and safety rules for the beef industry.
Why it matters
The move targets what is described as a monopoly by large processors in the meat industry, potentially reshaping how beef reaches the market.
By simplifying regulations and enabling direct sales, the order could give ranchers more control over pricing and distribution, though the practical impact will depend on implementation.
Key facts
President Trump stated he will take action to aid ranchers.
Large processors are said to have a monopoly in the meat industry.
The executive order grants ranchers the right to self-process beef and sell directly to consumers.
Health and safety regulations for the beef industry will be simplified.
What to watch next
Whether the executive order faces legal or regulatory challenges from the meat processing industry.
How quickly the simplified health and safety rules take effect and what they actually change for ranchers.