Importing Beef Not a Solution
Last week, the author noted that cattle producers were waiting for the next development, trying to make informed decisions. However, President Donald Trump's recent comments on social media and in the news about importing Argentine beef to lower consumer prices have caused concern.
Trump's comment came after a deal with Argentina, which soybean growers fear will give South American producers a competitive advantage. The President proposed raising the annual quota of beef from 20,000 metric tons to 80,000 metric tons at a lower tariff rate.
President Donald Trump made comments on social media and in the news about bringing in Argentine beef to lower beef prices for consumers.
Secretary of Agriculture Brooke L. Rollins met with five western U.S. representatives to discuss the issue. The author believes that importing beef is not the solution to the problem.
Author's summary: Importing beef from Argentina is not a viable solution.
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