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President Donald Trump has opened the cattle gates to 300,000 tons of foreign beef outside of the current import quotas for the next 90 days.
https://www.foxbusiness.com/politics/trumps-foreign-beef-push-cut-grocery-costs-sparks-gop-revolt-from-ranching-country
I'd guess Argentina and Mexico but doesn't Mexico have that screw worm problem?
My favorite cuts are a filet and NY strip. Yum.
Way too much interventionism. Politicians (i.e. people that aren't experts at anything) need to stop trying to fix everything. This is why when I do vote, I only vote on measures...and I vote no across the board.
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That date is wrong on the caption.
Are current beef prices reasonable?
I read it as being Ground Beef only being let in - so, the Screw Worms will be unidentifiable!
“Reasonable” is pretty subjective. What is reasonable for the buyer may not be for the seller and vice versa.
If you’re a beef producer, you probably view a higher price as finally being rewarded for the very difficult years. If you’re a consumer, you may believe that 5¢ per pound is more than enough profit for a rancher to make.
I believe the ranchers are the ones getting squeezed. It's hard to rebuild a herd with the current replacement costs at the sale barns.
Raising beef was never a path to riches. It was, until lately, a steady income with the bonus of eating good.
I didn't realize until years later that I grew up eating artisanal beef and pork. Downer cattle and runty pigs cooked up real good.
The ranchers may not be getting most of the increase in prices we are currently seeing, but you can bet the farm (pun intended) that whatever opening up the market to more foreign sources does to the pricing will probably come from the ranchers before anyone else!
they are at record levels here,
Exactly
Food prices started getting STUPID during a certain virus that shall not be named…and they haven’t “corrected” for the most part.
The value of money has been shit on to the tune of over 20% during and since then, also…versus 2019 a dollar has lost
I see select cuts of beef going for $19-24 per pound. WTF? Ground beef, and not the good stuff, going for $7 per-pound (as shown in borg’s post, above).
That’s why I asked the question.
$100 dollars in 2019 is $130.16 today.
Tyson in the news.
https://farmpolicynews.illinoisu/20.ed26/08/tyson-to-close-or-sell-three-beef-facilities-amid-cattle-shortage/
Funny, Mutt knows the most about this and can’t reply.
Time to lean on the venison stash
If concerned, Look for “product of USA” labels, although not currently required. Could we see a future where more farmers/ranchers turn blue and more in the union manufacturing industry turn red? Either way, I bet more subsidies will be implemented in near future
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Sounds like you are for strict borders to help protect ranching profits. How do feel about strict borders to help control housing and wage costs?
Per Mutt, Country of Origin Labeling “COOL” has been repealed since December 2015. WTO says it was unfair discrimination to Mexican, Canadian, and Brazilian Beef. Why the WTO can dictate anything to us is beyond me”.
I was under the impression that a country, ANY country, feeds its own population first, then export excess food?
(Places like... Africa and Europe and Iran excepted).
Guess I was wrong.
Trump is doing a marvelous job. Since he's president your food safety went downwards resulting in numerous of problems with all sorts of products. Also the USA can't feed its own population anymore. First he needed to loosen up the rules on importing eggs, now he needs to do the same on beef and it seems that he hasn't a clue where it will come from what will result in another problem for your food safety because Mexican kettle grown for their own market has still "Clenbuterol" in it to name one product.
Still better than anything in Belgium. Suck on that.
"Also the USA can't feed its own population anymore"
Can you explain this incredibly ignorant claim by you?
I mean...I hate entertain such a blatant troll job but...you got me.
Well, the topic of this thread does contribute to that claim a bit.
17% of all beef was already imported before the troubles. That are just facts.
What if your own country can't afford the product you are producing? What do you do with the excess? Does everyone have to make their product affordable to their own country? Too many variables for anyone to be under that impression. What if you can produce a lot of expensive xyz, sell it, and buy back into your country an affordable abc? Is that a win or a loss?
TM
Are they still labeling IMPORTED BEEF that’s re-boxed/redistributed once it gets here as…
“Product of the USA”? 🤔
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