Ranchers feel betrayed by Trump's plan to buy Argentine beef
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Vertical integration in the swine and poultry industries is common, but achieving a true pasture-to-plate model in the beef industry can be rare. Red Hill Farm in Freeport, Ohio, raises 1,000 brood cows across five counties, and finishes cattle that end up on plates at the family’s own steakhouse and burger restaurant.
Beef prices are at record highs as drought reduced cattle inventory to the lowest levels since 1951, with ground beef up 12.8% and steak prices rising 16.6% year over year.
After crashing the soybean market and gifting Argentina our largest export buyer, he’s now poised to do the same to the cattle market," one cattle producer said.
Some Tennessee cattle farmers have been sizzling over recent comments by President Donald Trump about importing more beef from Argentina to lower beef prices for consumers.