(The Center Square) – The White House said it can protect U.S. ranchers while still importing additional beef from Argentina despite concerns from U.S. lawmakers in cattle states.
“Both things can happen at the same time,” White House press secretary Karoline Leavitt said Tuesday about President Donald Trump’s plans. “He wants to see prices come down.”
She called Friday’s order a “minor import” that could temporarily lower prices for consumers while ranchers rebuild herds after widespread droughts.
“Protecting our American cattle and rancher industry is a priority for the president,” she said.
Trump has been pushing for lower beef prices amid consumer frustration over higher grocery prices. On Friday, Trump signed an executive order to increase beef imports.
U.S. Sen. Deb Fischer, R-Neb., expressed concern that the imports will hurt American ranchers.
“Instead of imports that sideline American ranchers, we should be focused on solutions that cut red tape, lower production costs, and support growing our cattle herd,” she said in a statement.
The U.S. cattle inventory is at its lowest level since 1951.
Echoing these worries, U.S. Rep. Adrian Smith, R-Neb., a senior member of the House Ways and Means Committee and Chair of the Trade Subcommittee, specifically pointed to the historically low U.S. cattle inventories.
“While the United States holds historic low-inventory in cattle herds, we must focus on policies that strengthen the market and create long-term certainty for the entire supply chain,” he said in a statement.
U.S. beef prices have increased by more than 50% since 2020, according to figures from the Federal Reserve Bank of St. Louis.
In 2018-19, ground beef prices were less than $4 per pound. Prices increased during the COVID-19 pandemic and have remained above $5 a pound since mid-2023. Ground beef prices reached $6.69 a pound in December, according to the Bureau of Labor Statistics.
Agriculture Secretary Brooke Rollins recently said that Americans consume about 12 million metric tons of beef a year. About 10 million comes from domestic producers, leaving a shortfall of about 2 million, she said.
HOW can importing stuff, SAVE US products!?
That’s dumb as hell.
“She called Friday’s order a “minor import” that could temporarily lower prices for consumers while ranchers rebuild herds after widespread droughts.”
The only widespread drought was the absence of a sane government policy during the Biden years, that was purposely designed to drive out and destroy the sane American Conservative workable but potentially rebellious individual ranchers and farmers who live and die by the marketplace of the real world. When the energy costs of planting, fertilizing harvesting and taking to market what was once a $35 bale of feed hay that got cost driven to $110, many small ranchers decide that staying business just o lose money was not an option. Less producers drove up the costs, and add in the Mexican screw worm pandemic and only the Brave remained. That previous $600 cost of a 6 month old bull calf now goes for $2200 thanks to Joe, and those of us who stayed in the cattle game at a loss, now deserve to recoupe. Temporary fixes just turn onto log term stupidity. Let the the laws of nature and the marketplace decide and work it out alone. Lowering the cost of beef will just drive more suppliers out, who now need time to recover and lure more back into the game.