{"id":107984,"date":"2025-10-24T09:43:43","date_gmt":"2025-10-24T13:43:43","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-beef-import-plan-ignores-key-issue-squeezing-american-cattle-ranchers-107984"},"modified":"2025-10-24T09:43:43","modified_gmt":"2025-10-24T13:43:43","slug":"trumps-beef-import-plan-ignores-key-issue-squeezing-american-cattle-ranchers","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trumps-beef-import-plan-ignores-key-issue-squeezing-american-cattle-ranchers-107984","title":{"rendered":"Trump&#8217;s beef import plan ignores key issue squeezing American cattle ranchers"},"content":{"rendered":"<div>\n<p>While President <a href=\"https:\/\/www.foxbusiness.com\/category\/donald-trump\" target=\"_blank\" rel=\"noopener\">Donald Trump<\/a>&#8216;s proposal to import more beef from Argentina is billed by the administration as a way to bring down prices for American consumers, critics say it misses the real issue driving costs at the grocery store: corporate concentration in the U.S. meatpacking industry.<\/p>\n<p>Four corporations \u2014 Tyson, JBS, Cargill and National Beef \u2014 anchor the U.S. beef supply chain, with pricing power that reaches from pasture to plate. As a result, the gap between what producers are paid for cattle and what consumers spend on beef has remained wide, a reflection, economists say, of how market power is distributed along the supply chain.\u00a0<\/p>\n<p>Fox News Digital reached out to all four companies for comment but did not receive a response as of publication.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/trump-administration-eyes-argentine-beef-imports-domestic-prices-soar-record-highs\" target=\"_blank\" rel=\"noopener\"><strong>TRUMP ADMIN EYES ARGENTINE BEEF IMPORTS AS DOMESTIC PRICES SOAR TO RECORD HIGHS<\/strong><\/a><\/p>\n<p>The frustration extends beyond farm country \u2013 Rep. <a href=\"https:\/\/www.foxnews.com\/video\/6336456482112\" target=\"_blank\" rel=\"noopener\">Thomas Massie,<\/a> R-Ky., says the dominance of multinational meatpackers is hurting both producers and consumers.<\/p>\n<p>&#8220;Four corporations control 85% of the meat sold in the United States. One of these corporations is Chinese-owned and one is Brazilian-owned. American farmers are being squeezed and American consumers are being gouged,&#8221; Massie told Fox News Digital.<\/p>\n<p>Massie, who raises cattle on his <a href=\"https:\/\/www.foxnews.com\/category\/us\/us-regions\/southeast\/kentucky\" target=\"_blank\" rel=\"noopener\">Kentucky<\/a> ranch, warned that expanding beef imports from Argentina would only worsen those structural problems.<\/p>\n<p>&#8220;Flooding the market with Argentinian beef is not the answer to these problems. An America First solution to rising beef prices is to pass my <a href=\"https:\/\/www.foxnews.com\/video\/6336456482112\" target=\"_blank\" rel=\"noopener\">PRIME Act<\/a>, which would empower American farmers to sell directly to consumers without interference from global corporate middlemen,&#8221; Massie said.<\/p>\n<p>Under current federal law, beef processed at small, state-inspected facilities can\u2019t be sold across state lines, even if it meets the same health standards as federally inspected meat. Massie\u2019s PRIME Act would remove that barrier, a change supporters say would let local ranchers reach more consumers and compete with the big packers.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/gop-lawmakers-warn-trumps-argentina-beef-proposal-could-rattle-us-ranchers\" target=\"_blank\" rel=\"noopener\"><strong>GOP LAWMAKERS WARN TRUMP&#8217;S ARGENTINA BEEF PROPOSAL COULD RATTLE US RANCHERS<\/strong><\/a><\/p>\n<p>Economists agree the beef market is highly consolidated, but say the forces shaping prices go well beyond any one trade deal.<\/p>\n<p>Glynn Tonsor, a professor of agricultural economics at Kansas State University, told Fox News Digital that strong consumer demand continues to drive <a href=\"https:\/\/www.foxbusiness.com\/economy\/beef-prices-hit-record-highs-nationwide-cattle-inventory-drops-lowest-level-70-years\" target=\"_blank\" rel=\"noopener\">beef prices higher<\/a>, regardless of supply fluctuations.<\/p>\n<p>&#8220;There\u2019s nothing that forces me or you or anybody else when we go into the grocery store to pay more for beef. People are choosing to,&#8221; he said. &#8220;The consumer desire for beef is strong and, regardless of the supply-side situation, that has the effect of pulling prices up.&#8221;<\/p>\n<p>He also noted that the large-scale structure of the U.S. meatpacking industry, often criticized by ranchers and lawmakers, has economic benefits for consumers.<\/p>\n<p>&#8220;I would argue that those economies of scale benefit consumers,&#8221; Tonsor said. &#8220;The ability to operate at a cheaper cost per head and, ultimately, per pound produced gives us the ability to offer beef and every other item we\u2019re talking about at a cheaper price. Anything we do that loses those economies of scale actually hurts consumers in the form of higher prices.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/from-cattle-crude-how-trumps-tariffs-rattling-lone-star-state\" target=\"_blank\" rel=\"noopener\"><strong>FROM CATTLE TO CRUDE: HOW TRUMP&#8217;S TARIFFS ARE RATTLING THE LONE STAR STATE<\/strong><\/a><\/p>\n<p>Derrell Peel, a professor of agricultural economics at Oklahoma State University, said that even if U.S. imports from Argentina increase, the impact on overall prices would be negligible.<\/p>\n<p>&#8220;Most of what we import is lean, processed beef trimmings used for ground beef,&#8221; said Peel, who specializes in livestock marketing. &#8220;We\u2019re not talking about the kind of beef that affects steak prices. Even if we doubled imports, it would be such a small share of the total supply that we wouldn\u2019t detect any real impact.&#8221;<\/p>\n<p>Peel added that there\u2019s no quick way to ease pressure on cattle prices, since it takes roughly two years to bring animals to market and several years to rebuild herds.<\/p>\n<p>&#8220;The fact of the matter is there\u2019s really nothing anybody can do to change this very quickly,&#8221; he said. &#8220;We\u2019re in a tight supply situation that took several years to develop, and it\u2019ll take several years to get out of it.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/economy\/beef-prices-hit-record-highs-nationwide-cattle-inventory-drops-lowest-level-70-years\" target=\"_blank\" rel=\"noopener\"><strong><u>BEEF PRICES HIT RECORD HIGHS AS NATIONWIDE CATTLE INVENTORY DROPS TO LOWEST LEVEL IN 70 YEARS<\/u><\/strong><\/a><\/p>\n<p>Meanwhile, the White House defended the plan, saying it\u2019s aimed at balancing relief for consumers with long-term support for U.S. cattle producers.<\/p>\n<p>&#8220;The president loves our ranchers, and he also loves American consumers, and he wants to do right by both,&#8221; White House press secretary Karoline Leavitt said on Wednesday.<\/p>\n<p>Leavitt said Trump\u2019s immediate goal is to lower <a href=\"https:\/\/www.foxbusiness.com\/category\/the-business-of-food\" target=\"_blank\" rel=\"noopener\">beef prices<\/a> by increasing supply through additional imports, while a separate, long-term plan will focus on strengthening the domestic cattle industry.<\/p>\n<p>She pointed to a three-part plan announced by Agriculture Secretary <a href=\"https:\/\/www.foxnews.com\/person\/r\/brooke-leslie-rollins\" target=\"_blank\" rel=\"noopener\">Brooke Rollins<\/a>, which includes expanding grazing access, easing regulations for new ranchers, cutting inspection costs and improving &#8220;Product of USA&#8221; labeling to ensure consumers know when they\u2019re buying American-made beef.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trumps-beef-import-plan-ignores-key-issue-squeezing-american-cattle-ranchers\">Source &#8211; https:\/\/www.foxnews.com\/politics\/trumps-beef-import-plan-ignores-key-issue-squeezing-american-cattle-ranchers <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While President Donald Trump&#8216;s proposal to import more beef from Argentina is billed by the administration as a way to bring down prices for American [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-107984","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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