Trump administration’s Plan to promote beef imports This has created uncertainty for domestic farmers and ranchers from Argentina.
Citing rising meat prices, the President said, told reporters Air Force One on Sunday that the country may increase Argentina beef imports.
According to the Bureau of Labor Statistics, average price per pound Ground beef rose slightly to $6.31 in August, an increase of more than 77 cents from January and an increase of 74 cents from August 2024.
National Cattlemen’s Beef Association pushed back Against Trump’s proposal, he argued Wednesday that the administration should not “undercut” U.S. cattlemen by boosting Argentine beef imports to “manipulate prices.”
“America’s cattlemen and women operate in one of the most competitive markets in the world,” the group Said On social platform X. “American cattle producers are proud to provide the safest, highest quality beef on Earth.
White House on Wednesday firm plans Quadrupling the tariff-rate quota for beef imports from Argentina. Department of Agriculture (USDA) also announced An action plan to protect domestic beef producers.
The scheme will impact domestic livestock farmers across the country, with the impact increasing in some states. The state that will likely see the greatest impact? nebraska.
According to the Nebraska Farm Bureau, the state export Beef worth more than $1.86 billion in 2022, the highest in the country. This is about 16 percent of the country beef exportNebraska Senator Deb Fischer (R), member of the Senate Agriculture Committee, Said On Tuesday he said he was “deeply concerned” about the administration’s plan.
Beyond Nebraska, other large beef exporters include kansas ($1.4 billion for beef and veal in 2023), texas ($1.3 billion) and iowa ($721 million).
Texas is also a state Highest list of cattle and calvesWith 12.2 million people as of the beginning of this year, according to the Agriculture Department. Other important cattle producers include oklahoma4.6 million tops, missouri3.95 million on top, South Dakota3.55 million on top, and iowa3.5 million tops. Total US Cattle Inventories, as of July stood at More than 94 million heads.
Senate Majority Leader John Thune, a South Dakota Republican, told the semaphore Said Wednesday that the administration’s proposal “is not the way to do this.”
“It has created a lot of uncertainty in that market,” Thune. Said“So I’m hoping the White House got the message.”
