Donald Trump, Meatpackers and price of beef
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Cattle producers are enjoying record prices, while beef packers are suffering under negative margins. The shortage of market-ready cattle continues, adding further pressure to packers’ margins, which first dropped to negative values in September 2024.
The National Cattlemen’s Beef Association (NCBA) have announced continued support for the Direct Interstate Retail Exemption for Certain Transactions (DIRECT) Act. This legislation introduced by Sens.
Maryland cattle farmers say they would rather see the federal government invest in the American beef producers instead of importing meat from other countries.
American cattle ranchers are pushing back against President Trump's plan to increase beef imports from Argentina, which he says will drop meat prices. MSNBC National Correspondent Rosa Flores is in Texas and spoke with a cattle rancher about the financial impact.
Beef prices in Oklahoma and nationwide are at record highs, expected to stay elevated for 2–4 years despite Argentine import plans.
Florida’s cattle industry is bristling at President Trump’s proposal to import more beef from Argentina, arguing that the plan risks weakening domestic producers in the name of lower prices.