The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Business

Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

by admin October 24, 2025
October 24, 2025
Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket beef prices.

“This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” Colin Woodall, CEO of the National Cattlemen’s Beef Association, said in a statement Monday.

Wyoming-based cattle operation Meriwether Farms addressed Trump directly in a social media post Monday.

“We love you and support you — but your suggestion to buy beef from Argentina to stabilize beef prices would be an absolute betrayal to the American cattle rancher,” the farm wrote on X.

By midday Tuesday, the post had already received 4 million views. A representative for Meriwether Farms did not immediately respond to a request for comment.

Trump floated purchasing beef from the South American nation Sunday aboard Air Force One to push down U.S. beef prices by increasing the overall supply.

‘We would buy some beef from Argentina,’ he told reporters, ‘If we do that, that will bring our beef prices down.’

Beef prices have hit record highs this year, according to data from the Bureau of Labor Statistics, fueled in part by depleted herd counts and steady demand from U.S. consumers.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Travis Kelce part of investor group aiming to revive struggling Six Flags
next post
Federal judge strikes down Biden-era transgender regulations

Related Posts

Cracker Barrel shares plummet after pushback on new...

August 23, 2025

Mortgage rates plunge to the lowest level in...

August 6, 2024

Google employees pressure costumed execs at all-hands meeting...

November 2, 2024

Walmart-backed fintech One introduces buy now, pay later...

April 25, 2024

X sees major outages as Musk claims ‘massive...

March 12, 2025

Microsoft’s mammoth AI bet will lead to over...

October 3, 2024

Rate cuts before the year’s end could make...

July 12, 2024

Trump tariffs, tax cuts and interest rates likely...

May 2, 2024

The fight over credit card swipe fees enters...

January 7, 2025

Increased sausage demand may be a red flag...

August 27, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • What falling wage growth says about where the U.S. economy is heading

      April 8, 2026
    • The Real Drivers of This Market: AI, Semis & Robotics

      April 8, 2026
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      April 8, 2026
    • Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

      April 8, 2026
    • Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

      April 8, 2026
    • Midterm alarm bells: Democrats face steep favorability deficit despite election gains

      April 8, 2026

    Categories

    • Business (1,500)
    • Politics (6,136)
    • Stocks (2,053)
    • Uncategorized (45)
    • World News (1,493)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved