US EditionTrump’s Argentina Beef Buy Riles Local Ranchers: ‘We Are Bearing Our Souls to the Market and Hoping Everything Works Out’
Nebraska's Republican delegation opposes Trump's Argentina beef imports plan after a 15% cattle market price drop hurt ranchers' income, despite high grocery beef prices.
- Last week, Nebraska's entirely Republican federal delegation urged President Donald Trump not to follow through on his Argentina beef plan after a Truth Social post caused markets to drop about 15%.
- Trade shifts and low herd counts left tariffs on Brazil and halted Mexican imports pushing U.S. beef prices to record highs and making the industry sustainable before Argentina's import plan.
- On the ground, ranchers reported local prices fell about $40 to $45 per hundredweight, translating to roughly $240 to $270 less per 600-pound calf, according to Michael Schmidt and Annabelle Schmidt.
- Industry groups reacted, saying past market crashes forced banks to pull loans and crushed ranchers, while Save Family Farming and the National Cattlemen's Beef Association condemned the Argentina plan.
- During the fall run, when most calves are weaned and shipped, seasonal selling patterns make price swings especially damaging for family ranch operations and regional buyers.
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67 Articles
Trump’s Argentina beef buy riles local ranchers: ‘We are bearing our souls to the market and hoping everything works out’
Rising beef prices helped Annabelle Schmidt to convince her grandfather that she could follow his footsteps and become the sixth generation of family to raise cattle on Green Bluff. Read more...
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Ranchers decry beef imports from Argentina, expert says good start
(The Center Square) – Consumers feeling the pang of high beef prices at the grocery store may see some relief from a plan to import beef from Argentina but it's not likely to be much, according to an expert.
Online, right-wing influencers express outrage over Trump’s comments about importing more beef from Argentina
Some right-wing media figures online are livid after learning that Trump will allow more beef imports from Argentina — a move they say will hurt American cattle ranchers. On October 20, Trump falsely told reporters that “the only price we have that’s high is beef, and we’ll get that down, and one of the things we’re thinking about doing is beef from Argentina.” A few days later, according to Reuters, the administration announced that it will al…
Trump's Argentina beef buy riles local ranchers: 'We are bearing our souls to the market and hoping everything works out'
Rising beef prices helped Annabelle Schmidt to convince her grandfather that she could follow his footsteps and become the sixth generation of family to raise cattle on Green Bluff.
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