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Arkansas Cattle Producers Weigh Impact of Trump's Plan to Increase Beef Imports
Mississippi cattle groups say the 300,000-metric-ton import plan could depress prices and deepen losses for producers already facing low herd numbers.
- President Donald Trump announced a 90-day pause on beef import tariffs on Friday, allowing up to 300,000 metric tons of ground beef into the United States to undercut market prices by 25%.
- Cattle producers are currently weathering drought, high input costs, and shrinking herds, leaving the domestic industry vulnerable as the imported beef is equivalent to about 500,000 adult cows.
- Disappointed by the decision, the Mississippi Cattlemen's Association warned that flooding the market with subsidized foreign beef is not the way to strengthen the domestic industry and could cause long-term damage.
- Andy Berry, executive vice president of the Mississippi Cattlemen's Association, warned the policy arrives at the worst moment for farmers preparing to market calves, as foreign meat would saturate the market and reduce profits.
- While Arkansas Senate President Pro Tempore Bart Hester hopes the move increases domestic supply, Sen. Cindy Hyde-Smith argued the administration should promote policies helping ranchers grow herds without relying on foreign beef.
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Cattle Ranchers Upset With Trump Beef Import Plan
JACKSONVILLE, Ore. — Oregon cattle ranchers are criticizing a new plan from President Donald Trump to import foreign beef tariff-free. On Friday, Trump announced the U.S. will import 300,000 metric tons of ground beef to combat near-record high prices. The U.S. cattle herd is at a record low due to years of drought and the […] The post Cattle Ranchers Upset With Trump Beef Import Plan appeared first on KOBI-TV NBC5 / KOTI-TV NBC2.
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Total News Sources23
Leaning Left2Leaning Right2Center10Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
14%
C 72%
14%
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