USCA Comments on President Trump’s Remarks Regarding Beef Prices and Proposed Imports from Argentina
United States Cattlemen’s Association (USCA) President Justin Tupper issued the following statement in response to today’s public remarks by President Trump suggesting action to lower beef prices through expanded imports from Argentina:
“USCA commented on Friday regarding potential steps by the Administration to address beef prices, and we will reiterate our position today: government intervention is not needed in an industry that is already correcting in response to years of market pressure.
“Today’s comments alone triggered an immediate reaction in the markets—cattle futures dropped significantly. It’s important to underscore: the current price of beef on grocery store shelves reflects the true, inflation-adjusted cost of raising cattle in America today.
Current Imports
“Already this year, the U.S. has imported more than 1.26 million metric tons of beef, primarily from Australia, Canada, Brazil, Mexico, and New Zealand. Increasing imports under current rules ultimately benefits foreign suppliers and multinational packers, while putting U.S. ranchers on the losing end and depriving American consumers of honest transparency at the meat counter.
“USCA supports affordable food prices for American families. But we do oppose policies or loopholes that manipulate the market to address a solution that will be solved through natural market behavior. This approach weakens our industry’s foundation and undermines rural America.
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