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

Musk threatens ‘immediate’ legal action against Apple over...

August 13, 2025

Electric air taxi maker Archer Aviation gets key...

June 6, 2024

Cardi B’s cameo in Bad Bunny’s Super Bowl...

February 13, 2026

Hermès lawsuit claims luxury retailer reserves its famed...

March 25, 2024

WNBA files trademark application to bring back ‘Detroit...

February 2, 2025

IRS announces Direct File as permanent free tax-filing...

May 31, 2024

Walmart managers can now earn $400,000 a year,...

February 1, 2024

Rite Aid shutting down 27 more locations, bringing...

June 24, 2024

Russian oligarch’s yacht is costing U.S. taxpayers close...

March 7, 2024

Federal Reserve pauses interest rate hikes this month

June 15, 2023

    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

    • How to Invest in Gold Royalty and Streaming Stocks

    • Copper Quest Exploration

    • Board Changes

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

    • Lahontan Drills High Grade Oxide Gold from the Surface at West Santa Fe: 37m Grading 3.11 g/t Au Eq Including 11m Grading 5.75 g/t Au Eq

    Categories

    • Business (1,439)
    • Investing (3,550)
    • Politics (3,699)
    • Stocks (1,953)
    • 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 © 2026 moneycontrolplace.com | All Rights Reserved