Financial Wisdom Wave
  • Business
  • Stock
  • Politics
  • Tech News
Business

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

by admin October 24, 2025
October 24, 2025

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
Federal judges acknowledge court ruling errors tied to staffers’ AI use after Grassley inquiry

You may also like

Warner Bros. Discovery rejects Paramount’s amended takeover offer

January 11, 2026

Trump Media to merge with nuclear fusion company

December 21, 2025

Apple’s AI chief abruptly steps down

December 4, 2025

Dell family donation to offer 25 million kids...

December 4, 2025

Starbucks to pay about $35M to NYC workers...

December 4, 2025

Prada Group says it has purchased fashion rival...

December 4, 2025

Shopify says a daylong Cyber Monday outage has...

December 4, 2025

Airbus says most of its recalled 6,000 A320...

December 2, 2025

Campbell’s fires executive accused of racist remarks and...

November 29, 2025

Bitcoin and other crypto assets sink in flight...

November 24, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • Trump answers on whether he’d order a mission to capture Putin

      January 11, 2026
    • Four tankers that left Venezuela in ‘dark mode’ return as US eyes the country’s oil

      January 11, 2026
    • Protester scales Iranian Embassy in London, tears down regime flag, hoists pre-revolution symbol

      January 11, 2026
    • Trump discusses whether he’d order a mission to capture Putin

      January 11, 2026
    • Netanyahu and Rubio discuss US military intervention in Iran amid ongoing nationwide protests: report

      January 11, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 financialwisdomwave.com | All Rights Reserved

    Financial Wisdom Wave
    • Business
    • Stock
    • Politics
    • Tech News