how does this help the American farmer

well its not like you can produce beef faster overseas. So even if there is excess supply overseas, If they shift and move it all here, that increases prices elsewhere. So then the market adjust.

And it's not like the US is increasing beef production. So there may be small price drop, but eventually the supply goes away and the prices go back up to adjust to lack of supply.

I'm not sure anyone can really what the long term prediction is for beef supply in the US. I just don't see how they can rebuild the herds back to whatever the hell "normal" is supposed to be. I think too many just won't resume production or will keep their herds smaller.

Hagen95 said:

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BQ_90 said:

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Hagen95 said:

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Sounds like the beef growers lobby didn't grease the wheels properly and ranchers are now going to get screwed.

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this won't really have much impact on live cattle prices.

This is to help out McDonalds and other fast food corporations that rely solely on ground beef

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How is flooding the market with cheap foreign beef not going to impact the price of beef? I can tell you the family members of mine that raise beef are watching this very closely.

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People who raise beef are seeing prices that are absolutely astronomical vs. what they were 5, or 10 years ago for cattle. And screw worms have been found in Juarez now, which means another vector is coming for US cattle.

US cattle herd is at a level not seen since 1951, and claims about 'flooding the market' based on 300K lbs of ground beef are just absurd.

Jeeper79 said:

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flown-the-coop said:

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Yes, this is what intelligent political machines do in order to win elections and be in power.

Not just good Trump, but most excellent Trump.

Don't forget to enjoy the Freedom 250 Indycar race starting Sunday at 16:30 UTC.

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Or even better, we could just not tariff. Politicians don't get bonus points for undoing their own mistakes.

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Good thing it was not a mistake. Tariffs have been a yuge win for Trump, pearl clutching on f16 aside.

BQ_90 said:

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Hagen95 said:

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BQ_90 said:

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Hagen95 said:

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Sounds like the beef growers lobby didn't grease the wheels properly and ranchers are now going to get screwed.

---

this won't really have much impact on live cattle prices.

This is to help out McDonalds and other fast food corporations that rely solely on ground beef

---

How is flooding the market with cheap foreign beef not going to impact the price of beef? I can tell you the family members of mine that raise beef are watching this very closely.

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first off this is only a 90 day measure. Even at 25% less, it's still not cheap beef. You're family members are already getting the highest price for beef, EVER.

Using numbers in the article beef would drop a little over a dollar a pound, still putting ground beef over $5 a pound.

My guess very little of this beef makes it to stores, it'll all go to fast food joint.

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Maybe, if it does mostly go to fast food places, they'll drop their prices.

I can't imagine paying for a burger at any fast food place anymore when they're only a couple of bucks cheaper than a bigger burger meal I can get at a restaurant.

assuming like the article says, it's only a 90 day measure, it at best will keep prices the same. The election will be over with by the time this measure runs out

BQ_90 said:

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assuming like the article says, it's only a 90 day measure, it at best will keep prices the same. The election will be over with by the time this measure runs out

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Just in time for the midterms, yet not really changing anything.

Reminds me of Abbott's recent H1B thing.

How is this different than New York City's sponsored grocery stores offering 30% discounts vs competitors?

Guess free market is dead for both parties.

I would anticipate Trump doing a multitude of things like this before the elections if anything to clutter the messaging on affordability.

There is no honesty in the media or even in the many hot takes on f16.

The affordability crisis is a leftist construct that many people seem to be all to eager to fall for. Trump is just counter-programming that.

flown-the-coop said:

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Jeeper79 said:

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flown-the-coop said:

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Yes, this is what intelligent political machines do in order to win elections and be in power.

Not just good Trump, but most excellent Trump.

Don't forget to enjoy the Freedom 250 Indycar race starting Sunday at 16:30 UTC.

---

Or even better, we could just not tariff. Politicians don't get bonus points for undoing their own mistakes.

---

Good thing it was not a mistake. Tariffs have been a yuge win for Trump, pearl clutching on f16 aside.

---

Care to share some citations that aren't from government websites or mouthpieces?

BQ_90 said:

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assuming like the article says, it's only a 90 day measure, it at best will keep prices the same. The election will be over with by the time this measure runs out

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Thats not consumer relief. Thats business relief. Just like all those tariffs that were passed onto us and then they got to reclaim refunds back from the government.

Jeeper79 said:

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flown-the-coop said:

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Jeeper79 said:

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flown-the-coop said:

---

Yes, this is what intelligent political machines do in order to win elections and be in power.

Not just good Trump, but most excellent Trump.

Don't forget to enjoy the Freedom 250 Indycar race starting Sunday at 16:30 UTC.

---

Or even better, we could just not tariff. Politicians don't get bonus points for undoing their own mistakes.

---

Good thing it was not a mistake. Tariffs have been a yuge win for Trump, pearl clutching on f16 aside.

---

Care to share some citations that aren't from government websites or mouthpieces?

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So I can only cite ActBlue, Reddit or the Hormuz Letter. No thanks, but nice try. Enjoy the race Sunday, will be epic.

Hagen95 said:

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BQ_90 said:

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Hagen95 said:

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Sounds like the beef growers lobby didn't grease the wheels properly and ranchers are now going to get screwed.

---

this won't really have much impact on live cattle prices.

This is to help out McDonalds and other fast food corporations that rely solely on ground beef

---

How is flooding the market with cheap foreign beef not going to impact the price of beef? I can tell you the family members of mine that raise beef are watching this very closely.

---

What is being proposed is hardly "flooding the market" because it's just hamburger. Where do you think a huge percentage of our hamburger comes from? Hint: It's not that choice feedlot steer or heifer and nothing you'd likely want a steak from. This might have a desirable impact on keeping those older cows another year and putting another calf out there in the process.

B-1 83 said:

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Hagen95 said:

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BQ_90 said:

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Hagen95 said:

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Sounds like the beef growers lobby didn't grease the wheels properly and ranchers are now going to get screwed.

---

this won't really have much impact on live cattle prices.

This is to help out McDonalds and other fast food corporations that rely solely on ground beef

---

How is flooding the market with cheap foreign beef not going to impact the price of beef? I can tell you the family members of mine that raise beef are watching this very closely.

---

What is being proposed is hardly "flooding the market" because it's just hamburger. Where do you think a huge percentage of our hamburger comes from? Hint: It's not that choice feedlot steer or heifer and nothing you'd likely want a steak from. This might have a desirable impact on keeping those older cows another year and putting another calf out there in the process.

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It's all just for show at this point. I know where my hamburger comes from. I've seen it from the moment it hit the ground until it walks in the butcher door.

Tariffs can be an important tool in very limited circumstances. Across the board tariffs, no.

Tariffs to protect your domestic food supply industry is pretty basic.

You would think most people would understand that, but most people don't think very much.

Hagen95 said:

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Sounds like the beef growers lobby didn't grease the wheels properly and ranchers are now going to get screwed.

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Yeah, I think they'll be fine.

Ag with kids said:

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austinAG90 said:

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flown-the-coop said:

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Yes, this is what intelligent political machines do in order to win elections and be in power.

Not just good Trump, but most excellent Trump.

Don't forget to enjoy the Freedom 250 Indycar race starting Sunday at 16:30 UTC.

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Price fixing in any commodity has never worked

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Well, while this IS meddling with the markets, it is not price fixing...

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New term: Price ****ing

Mas89 said:

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Heineken-Ashi said:

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.

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Beet feeder cattle prices hit an all time high this year and today are only about 14 percent off this all time high.

The current Texas Drought is much bigger news than Trumps announcement today.

v

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Off 14% is huge amount if your margin is 20%
None of your input costs went down just the check you received

Even if your margin is 42% your profit decreased by 1/3 from the highs

Yes prices are good , although down at least a dime a pound the past couple of weeks. But feed, excluding hay this year, fuel, drugs infrastructure maintenance, has absolutely gone through the roof as well. It is not as if cattle ranchers are rolling in dough.

Tree Hugger said:

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Quote:

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We have a commitment that this beef will be sold at 25 percent below current market prices," the president continued. "This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again."

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So this is for ground beef, but I want some Wagyu ribeyes at 25% below current market

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My in-laws raise certified, 100% Wagyu cattle. I have a cabinet freezer full of it.

It is next level.

IIIHorn said:

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Tree Hugger said:

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Quote:

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We have a commitment that this beef will be sold at 25 percent below current market prices," the president continued. "This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again."

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So this is for ground beef, but I want some Wagyu ribeyes at 25% below current market

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My in-laws raise certified, 100% Wagyu cattle. I have a cabinet freezer full of it.

It is next level.

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Dude, talk about living the dream!

Hagen95 said:

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B-1 83 said:

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Hagen95 said:

---

BQ_90 said:

---

Hagen95 said:

---

Sounds like the beef growers lobby didn't grease the wheels properly and ranchers are now going to get screwed.

---

this won't really have much impact on live cattle prices.

This is to help out McDonalds and other fast food corporations that rely solely on ground beef

---

How is flooding the market with cheap foreign beef not going to impact the price of beef? I can tell you the family members of mine that raise beef are watching this very closely.

---

What is being proposed is hardly "flooding the market" because it's just hamburger. Where do you think a huge percentage of our hamburger comes from? Hint: It's not that choice feedlot steer or heifer and nothing you'd likely want a steak from. This might have a desirable impact on keeping those older cows another year and putting another calf out there in the process.

---

It's all just for show at this point. I know where my hamburger comes from. I've seen it from the moment it hit the ground until it walks in the butcher door.

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I used to know the same thing and often petted and talked to my future carnivorous frenzy, but at 65 yo and just me and the wife, that's just not practical anymore. I like to buy my bulk hamburger locally (Moody's) and package it for 2 (2/3#). Steaks are not impacted here, but I buy in bulk, slice, vacuum seal.

No Spin Ag said:

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IIIHorn said:

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Tree Hugger said:

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Quote:

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We have a commitment that this beef will be sold at 25 percent below current market prices," the president continued. "This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again."

---

So this is for ground beef, but I want some Wagyu ribeyes at 25% below current market

---

My in-laws raise certified, 100% Wagyu cattle. I have a cabinet freezer full of it.

It is next level.

---

Dude, talk about living the dream!

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Yes it is.

Ranchers getting $2500 a steer will try and tell us this will bankrupt them. Feeders buying $300 losers, will now have $600 losers.

Then the market will go to all time new highs.

Quote:

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National Cattlemen's Beef Association


No cow-calf producer in America is asking for increased imports. Undercutting American farmers and ranchers with products from foreign competitors does nothing to create market confidence or encourage rebuilding the herd.

For the second time in less than 12 months, the Trump Administration is intervening in markets in an attempt to artificially lower beef prices. Current retail prices are high because of strong consumer demand for the high-quality beef we produce.

Incentivizing additional foreign imports undermines America's producers at a critical time as they make decisions about rebuilding numbers for next year. U.S. farmers and ranchers need stability. Unlike spur-of the-moment trading decisions made based on White House social media posts, the decisions and investments ranchers make in their herds are made YEARS in advance, not days or weeks.

The Trump Administration's repeated whiplash on trade policy and beef imports has real impacts on cattle producers in rural America. USDA created and promoted a stronger "Product of the USA" label, only to abandon it and decide that MCOOL was the only option. Today's announcement is not about helping producers. It's not about putting their finger on the scale for one cattle industry group or another. It is 100% about the 74 days between now and the midterm elections

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jt16 said:

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This is Trump flat out admitting his tariffs are inflationary

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This

Not if you hedged with short Oct 26 FC futures earlier this year. Or the new feeder cattle price insurance available.
Both even better!

itsyourboypookie said:

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Ranchers getting $2500 a steer will try and tell us this will bankrupt them. Feeders buying $300 losers, will now have $600 losers.

Then the market will go to all time new highs.

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Not necessarily. But I did get a quote for a new 155hp JD hay/ ranch tractor today. With a loader and other options, over 200k.

ETA that imported ground meat from third world counties will have all kinds of nasty meat mixed in with the beef.

Who wants dog/ raccoon/ kangaroo, etc mixed with their food? Yes, they have been caught numerous times.

Not sure where you are but in CO hay is definitely up. At $5.80/gal for deisel it has made prices climb steadily.

GeorgiAg said:

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American Hardwood said:

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Why bring the Longhorns into this? Take it to the Old Rivalries board!

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I think tu should be forced to be without BEVO going forward. This is a precious resource and should immediately be harvested in the national interest.

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Bevo has more gristle than an ultra-marathon race.

This pissed-off "Trump I love you, but you did us wrong this time" rancher's post has almost 3,000 comments.

https://www.facebook.com/share/p/1DatHtuyny/