Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

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
Canadian Investment Regulatory Organization Trade Resumption – QIM

Related Posts

JPMorgan to pay $75 million to settle lawsuit...

September 27, 2023

Streaming overtakes cable and broadcast as the most-watched...

June 19, 2025

Stock market sinks as AI and interest rate...

November 24, 2025

Star witness says FTX head Sam Bankman-Fried told...

October 11, 2023

Tesla to recall 125,227 vehicles over faulty seat...

June 1, 2024

A year after Silicon Valley Bank failed, another...

March 2, 2024

Wayfair to lay off 13% of workforce, affecting...

January 21, 2024

Amazon says more packages are arriving in a...

May 1, 2024

U.S. could take stakes in more firms, White...

August 26, 2025

Don’t freak out about the stock market’s inflation...

February 16, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Biotech Market Forecast: Top Trends for Biotech in 2026

    • What is the Santa Claus Rally and Has it Arrived?

    • Craig Hemke: Silver, Gold’s “Outstanding” Year — Will 2026 Bring a Repeat?

    • Altius Minerals to Expand Portfolio with C$520 Million Lithium Royalty Deal

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    Categories

    • Business (1,424)
    • Investing (3,316)
    • Politics (3,699)
    • Stocks (1,891)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, 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 moneycontrolplace.com | All Rights Reserved