President Trump’s plan to import Argentine beef to drive down prices has cattle ranchers worried.
McClatchy
President Trump is facing backlash from some cattle raisers after suggesting the U.S. could import Argentine beef to drive down domestic beef prices.
Speaking to reporters aboard Air Force One on Oct. 19, Trump said “the only price we have that’s high is beef,” before saying the administration is considering bringing in more beef from Argentina to combat rising consumer costs.
That came on the heels of the U.S. announcing a $20 million currency swap with Argentina, with an additional $20 million loan from U.S. banks to help bail the South American nation out of a financial crisis.
Year to date, the U.S. has already imported more than 30,000 metric tons of beef from Argentina.
Following Trump’s announcement, legislators from beef-producing states like North Dakota, Nebraska and Oklahoma urged the president to consider the impact on cattle ranchers.
The Texas and Southwestern Cattle Raisers Association put out a statement on Oct. 22 opposing the import of Argentine beef.
“While we appreciate the Trump administration’s ongoing support for ranchers and landowners,” the statement read, “we strongly oppose the proposal to increase beef imports from Argentina.”
The statement went on to warn that foot-and-mouth disease is a concern with Argentine beef. The highly contagious disease, which was eradicated in the U.S. in 1929, causes painful blisters and sores on cattle and can leave them weakened. Adult cattle can generally recover, but foot-and-mouth can be fatal in younger animals.
As reported by Newsweek, U.S. Secretary of Agriculture Brooke Rollins, who is from Glen Rose, acknowledged the risk of foot-and-mouth disease in Argentine beef. The same report, however, cited a study published by the World Reference Laboratory for Foot-and-Mouth Disease that shows Argentina hasn’t had a foot-and-mouth outbreak since 2006.
A rancher’s perspective
Media pundits and legislators have weighed in on the president’s plan, but what are ranchers saying?
Bronson Corn is a 2006 graduate of TCU’s School of Ranch Management and the president of the New Mexico Cattle Growers’ Association. Speaking to the Star-Telegram, he said he understood the position President Trump is in trying to balance consumer interests with those of cattle ranchers. But like others, Corn said increasing beef imports isn’t the solution.
The worry, he said, was that too much imported beef could flood the U.S. market. In recent decades, Corn said, cattle ranchers have struggled to turn a profit, and an oversaturation of foreign beef could drive many out of the business altogether, which could affect our food security long term.
The Corn family is heavily invested in sheep as well as cattle. Corn said a trade deal put in place years ago to import more lamb devastated U.S. sheep ranchers. He doesn’t want that to happen with cattle.
“In the ‘70s and ‘80s, there were around 8 million sheep in New Mexico,” Corn said. “You’d be hard-pressed to find 20,000 in the state now.”
Like others, Corn mentioned the danger of potentially importing beef infected with foot-and-mouth disease, as well as the risk of opening the door to New World screwworm, a dangerous, sometimes deadly, pest that afflicts livestock.
Is beef really the only thing that’s still expensive?
Trump said beef prices are the only ones that are high, but consumer price index data from the Federal Reserve Bank of St. Louis shows that grocery prices in general have steadily risen since January 2024, with only a temporary dip in April of this year.
Looking at staple grocery items, bread and egg prices have fallen since January, but the price of rice has gone up since then, and prices for milk and chicken remain high.
Beef prices began climbing in 2024, driven by high demand and the lowest supply of beef cattle this country has seen in 50 years.
In August, the average price per pound of ground beef was around $6.32. Ground chuck was around $6.63 a pound. Steaks averaged more than $12 a pound.
Are ranchers benefitting from pricey beef and tariffs?
In its statement on Argentine beef, the Texas and Southwestern Cattle Raisers Association said importing beef “undermines efforts to stabilize the market through natural herd rebuilding.”
One of the biggest reasons the U.S. beef herd is near an all-time low number is because of ongoing drought conditions in beef-producing states. Much of Texas has been in drought conditions for the last 25 years.
An August report from Texas A&M AgriLife said the herd size will likely remain small for the foreseeable future, meaning prices will remain high barring a change in demand.
Corn said 2025 has been a rare good year for cattle raisers. Higher beef prices along with more rain and lower feed costs means ranchers are making money. After years of struggling, cattle raisers are paying off debt and building out their operational infrastructures. But it only takes one bad year for it all to come crashing back down.
“Five years ago, production costs were about $1,200 per head (of cattle),” Corn said. “That was your land costs, feed costs, insurance, everything you need to be able to operate. And I was selling calves at $950 a head. If you can have a break-even year, you’re doing OK. If you make $50 a head, you’re doing good.”
Corn said Americans are fortunate in that they only spend about 10% of their annual income on food. That is far lower than in many other countries. He believes Americans may need to get more comfortable with higher food prices, which could help ensure a thriving American agricultural industry.
Regardless, Corn said, we shouldn’t look to other countries to supplement our food supply. Instead, he said we should continue investing in efficiencies that have allowed cattle raisers to produce more beef even as the herd size has declined. It also wouldn’t hurt to pray for rain.
“The answer isn’t imports. It’s making it so the cattle industry is able to rebuild infrastructure. And if the good Lord will provide us with some rain like we had this year, the cattle inventory issues will change.”
During his Oct. 19 remarks to reporters, Trump said the U.S. would only import a limited amount of beef from Argentina.
“If we buy some beef, I’m not talking about that much, from Argentina, it would help Argentina, which we consider a very good country, a good ally,” he said.
After getting pushback to his plan, Trump said his trade policies have been good for cattle raisers, and that they “don’t understand that the only reason they are doing so well, for the first time in decades, is because I put tariffs on cattle coming into the United States.”
The price of beef has been rising for years, and it took a sharp upward turn in 2021. In April, at the Texas and Southwestern Cattle Raisers Association’s Cattle Raisers Convention and Expo 2025, a beef market analyst from CattleFax warned ranchers that Trump’s higher tariffs could have an adverse impact on their profits, despite likely leading to less imported beef.
The analyst said the trade war between the U.S. and China could hurt ranchers. The U.S. exports upward of 500 million pounds of beef each year to China, and that export business is in jeopardy with the two nations applying punitive tariffs to each other’s goods.
Corn said beef imports have fallen as a result of the tariffs, but not as dramatically as people might think. Tariffs haven’t impacted the import of Canadian beef, for example, because the U.S. is Canada’s biggest beef buyer, Corn said. The tariffs have just made that beef cost more. The U.S. also still imports a significant amount of beef from Australia, New Zealand, Mexico and Brazil, despite higher tariffs.
This story was originally published October 24, 2025 at 11:31 AM.
Matthew Adams
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