Summit Vanguard Group
  • Stock
  • Investing
  • World News
  • Business
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
S&P 500 Breaking Out Again: What This Means for Your Portfolio
next post
Canadian Investment Regulatory Organization Trade Resumption – QIM

Related Posts

Travis Kelce part of investor group aiming to...

October 24, 2025

Customers sue sneaker company On over shoes that...

October 21, 2025

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 18, 2025

LendingTree founder and CEO Doug Lebda dies in...

October 16, 2025

UPS is ‘disposing of’ U.S.-bound packages over customs...

October 13, 2025

China outlines more controls on exports of rare...

October 11, 2025

Paramount acquires Bari Weiss’ The Free Press, naming...

October 8, 2025

YouTube to pay $24 million to settle Trump...

October 2, 2025

Video game maker Electronic Arts to be acquired...

October 1, 2025

Charlie Javice sentenced to 7 years in prison...

October 1, 2025







    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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




    Recent Posts

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      October 24, 2025
    • Feysville Land Use Agreement Signed With Marlinyu Ghoorlie

      October 24, 2025
    • Canadian Investment Regulatory Organization Trade Resumption – QIM

      October 24, 2025
    • Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

      October 24, 2025
    • Travis Kelce part of investor group aiming to revive struggling Six Flags

      October 24, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 SummitVanguardGroup.com All Rights Reserved.

    Summit Vanguard Group
    • Stock
    • Investing
    • World News
    • Business