Modern Crypto Trader
  • Investing
  • Politics
  • Stock
  • Business
Business

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

by admin October 24, 2025
October 24, 2025

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

previous post
Vance calls Psaki comments about wife Usha ‘disgraceful’
next post
Thor Energy Plans to Recover Uranium, Critical Minerals from Colorado Mine Waste

Related Posts

Target is eliminating 1,800 corporate jobs as it...

October 25, 2025

X-ray tables, hidden cameras: The tech in rigged...

October 24, 2025

Travis Kelce part of investor group aiming to...

October 24, 2025

Customers sue sneaker company On over shoes that...

October 20, 2025

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 18, 2025

LendingTree founder and CEO Doug Lebda dies in...

October 15, 2025

UPS is ‘disposing of’ U.S.-bound packages over customs...

October 13, 2025

China outlines more controls on exports of rare...

October 11, 2025

Paramount acquires Bari Weiss’ The Free Press, naming...

October 8, 2025

YouTube to pay $24 million to settle Trump...

October 1, 2025

Stock

  • Chart Mania – 23 ATR Move in QQQ – Metals Lead 2025 – XLV Oversold – XLU Breakout – ITB Moment of Truth

    July 26, 2025
  • Momentum Leaders Are Rotating — Here’s How to Find Them

    July 25, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    July 25, 2025
  • Is META Breaking Out or Breaking Down?

    July 24, 2025
  • A Wild Ride For the History Books: 2025 Mid-Year Recap

    July 24, 2025
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • Thank you

Copyright © 2025 moderncryptotrader.com | All Rights Reserved

Modern Crypto Trader
  • Investing
  • Politics
  • Stock
  • Business