Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home Business

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

October 24, 2025
in Business
Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

Travis Kelce part of investor group aiming to revive struggling Six Flags

Next Post

Feysville Land Use Agreement Signed With Marlinyu Ghoorlie

Next Post
Feysville Land Use Agreement Signed With Marlinyu Ghoorlie

Feysville Land Use Agreement Signed With Marlinyu Ghoorlie

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent News

    ‘Stay tuned’: Jeffries repeatedly dodges Mamdani endorsement as self-imposed deadline looms

    ‘Stay tuned’: Jeffries repeatedly dodges Mamdani endorsement as self-imposed deadline looms

    October 25, 2025
    Rubio ditches costly conference travel, slashes nearly $100M in Biden-era bloat

    Rubio ditches costly conference travel, slashes nearly $100M in Biden-era bloat

    October 25, 2025
    Johnson shuts down House to pressure Schumer as government standstill nears one month

    Johnson shuts down House to pressure Schumer as government standstill nears one month

    October 25, 2025
    Trump and Kim Jong Un should make ‘bold decision’ to meet during his Asia trip, South Korean official says

    Trump and Kim Jong Un should make ‘bold decision’ to meet during his Asia trip, South Korean official says

    October 25, 2025
    Disclaimer: bankstreetjournal.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.

    Popular

    Apollo Silver

    Apollo Silver

    October 23, 2025

    Chip Roy says Democratic Party taking its ‘dying breaths’

    Chip Roy says Democratic Party taking its ‘dying breaths’

    October 21, 2025

    Recent News

    ‘Stay tuned’: Jeffries repeatedly dodges Mamdani endorsement as self-imposed deadline looms

    ‘Stay tuned’: Jeffries repeatedly dodges Mamdani endorsement as self-imposed deadline looms

    October 25, 2025
    Rubio ditches costly conference travel, slashes nearly $100M in Biden-era bloat

    Rubio ditches costly conference travel, slashes nearly $100M in Biden-era bloat

    October 25, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2024 BankStreetJournal.com | All Rights Reserved