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re: Trump pauses quota tariff on 300,000 tons of beef
Posted on 8/21/26 at 7:27 pm to dblwall
Posted on 8/21/26 at 7:27 pm to dblwall
I miss the days of cheap hamburger meat were you could make a cheap pot of chili or spaghetti. Even meat loaf was economical. But not at 10 bucks a pound.
This post was edited on 8/21/26 at 7:28 pm
Posted on 8/22/26 at 9:38 am to DeBoar
quote:nobody in the United States of American should ever try to “correct” a free market.
try and correct the market and have lower prices, bad.
Trump is just making Melei happy. There’s no spinning it any other way as he absolutely gave the middle finger to US cattlemen.
Posted on 8/22/26 at 10:06 am to GREENHEAD22
quote:
The spike in beef prices are directly related to the years of allowed collusion between the big4 packers, depressing fat cattle prices. You stack a multi year drought on almost a decade of depressed cattle prices and you get massive herd dispersal and ranchers getting out leading to lowest herd numbers in around 60 years. Then add inflation and the new world screw worm returning to the US via MX for the first time since the 40s and guess what. Beef prices went up.
Roughly 85% market control by the big four. It used to be that the CR4 four-firm concentration ratio would have regulators looking for signs of a growing monopoly when that number crossed 40%, and seriously expecting to find it when that went over 60%. Same with the HHI index - even back in 1996 it was over 2,200... when the USDA regards markets above 1,800 "to be highly
concentrated." Government has known and government has just chosen not to care for the last 30 years.
But sure people are going to watch ranchers eat shite and struggle for 20+ years and then blame them for finally making a little money so they can suck off their Orange god. It's dumb behavior, and I supported the guy.
Posted on 8/22/26 at 11:22 am to texag7
America consumes roughly 41,000 tons (about 82 million pounds) of beef each day. This estimate is based on annual data from the USDA Economic Research Service,
Not much of a dent
Not much of a dent
Posted on 8/22/26 at 1:10 pm to DeBoar
quote:
Again there’s no winning with anyone. Every decision will be met with criticism. Protect the ranchers, bad, try and correct the market and have lower prices, bad.
This is a win for me, and I'll always celebrate every time POTUS pauses one of his bs tariffs. Cattle farmers aren't struggling due to foreign meat competition. They're struggling because of diesel and fertilizer prices, which of course is a byproduct of the silly Iran war.
Posted on 8/22/26 at 1:12 pm to Lsu101205
You mean American cattle farmers who intentionally shrunk their herds due to escalating grain prices? American cattle farmers wanted to drive up prices
Posted on 8/22/26 at 1:17 pm to Rip Torner
You’d argue for socialized medicine if Trump wanted it
Posted on 8/22/26 at 1:59 pm to dblwall
Beef TACOs !
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