Illinois beef producers say Trump’s Argentina beef plan hurts farmers

Spread the love

(The Center Square) – Illinois beef producers express frustration over President Donald Trump’s plan to expand beef imports from Argentina, a move he says will lower grocery prices but that many warn could hurt U.S. farmers already struggling with tight margins.

Talking with reporters last week, Trump defended the plan as a short-term measure to stabilize food costs.

“The only price we have that’s high is beef, and we’ll get that down,” Trump said. “One of the things we’re thinking about doing is beef from Argentina. If we do that, that will bring our beef prices down. I’m not talking about that much from Argentina, but it would help Argentina, which we consider a very good country, a very good ally.”

Illinois Beef Association Director Josh St. Peters said producers already feel market volatility since Trump’s announcement.

“The markets have at least been able to help producers break even and try to make a little money to pay their bills,” said St. Peters. “In the five trading days since the President pushed for increasing imports of beef from Argentina, we’ve seen a steady decline in the futures markets for live cattle and feeder cattle. That’s directly impacting the amount of money that farmers make.”

St. Peters said Trump’s recent push to import beef from Argentina, meant to lower grocery costs, is instead hurting farmers: cattle prices drop up to 12% while grocery prices rise.

“What we call the boxed beef indicator, that’s the beef trade metric between grocery stores and retailers, has actually increased over the last week and a half,” St. Peters said.

Supporters say Trump’s Argentina beef deal reduces reliance on China, but many Illinois farmers who backed his “America First” agenda are now questioning the policy.

“President Trump campaigned pretty blatantly on an America first agenda,” he said. “But beef producers and farmers in general at this point are feeling very disenfranchised because this is a South America first agenda that he’s proposed.”

In recent remarks, Trump said that the policy would not “benefit Argentina more than U.S. farmers,” calling the South American nation “a country fighting for its life.”

“They have no money. They have nothing,” Trump said. “If I can help them survive in a free world, I happen to like the president of Argentina. I think he’s trying to do the best he can.”

St. Peters warned that the trade proposal risks undercutting U.S. producers while rewarding competitors.

“Essentially, they’re putting a premium, according to President Trump, on beef in South America versus domestically produced beef,” he said. “By importing from Argentina, we’re bringing in South American beef and our understanding of trade in Argentina is that a lot of the beef that makes its way through their market for export actually originates in Brazil.”

St. Peters said the focus should be on stabilizing domestic markets and keeping consumer confidence high.

“We’re encouraging consumers to continue buying beef at the grocery store, to continue dining on beef when you’re out,” he said.

The Illinois Beef Association, based in Springfield, represents more than 17,000 beef producers statewide.

Leave a Comment





Latest News Stories

Illinois lawmaker, physician pushes back on Trump Tylenol announcement

Illinois lawmaker, physician pushes back on Trump Tylenol announcement

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois health officials push back on new federal guidance, saying Tylenol use in pregnancy does not...

Illinois quick hits: Nearly 10,000 fewer jobs; temporary amnesty for delinquent taxpayers

By Jim Talamonti | The Center SquareThe Center Square Nearly 10,000 fewer jobs According to data released Thursday by the U.S. Bureau of Labor Statistics and the Illinois Department of...
Election organization backs Republicans' suit against Arizona

Election organization backs Republicans’ suit against Arizona

By Zachery SchmidtThe Center Square Honest Elections Project, a nonpartisan organization, has filed an amicus brief in support of Republicans' lawsuit against Arizona over its handling of changes to its...
Patel says ICE shooting suspected searched 'Charlie Kirk Shot,' planned attack

Patel says ICE shooting suspected searched ‘Charlie Kirk Shot,’ planned attack

By Andrew RiceThe Center Square FBI Director Kash Patel suggested the suspected shooter in the Sept. 24 attack at a Dallas Immigration and Customs Enforcement facility engaged in a “high...
Trump administration prepares for mass layoffs if government shuts down

Trump administration prepares for mass layoffs if government shuts down

By Thérèse BoudreauxThe Center Square With only six days until the federal government shuts down, Republicans and Democrats have yet to secure a funding deal – and the Trump administration...
Report: Strict energy siting regulations curb property tights

Report: Strict energy siting regulations curb property tights

By Tate MillerThe Center Square In conjunction with the unveiling of a report on property rights and energy generation infrastructure, Republican Massachusetts state Rep. John Gaskey on Thursday called for...
New agronomy farm opens as growers face challenging conditions

New agronomy farm opens as growers face challenging conditions

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Tens of thousands of Illinois farmers are facing challenging conditions, with elevated fire risks due to the...
Illinois quick hits: O'Fallon man allegedly work with cartel; most dangerous for nursing home safety

Illinois quick hits: O’Fallon man allegedly work with cartel; most dangerous for nursing home safety

By Jim Talamonti | The Center SquareThe Center Square O'Fallon man allegedly work with cartel High-ranking members of the Sinaloa Cartel are among 26 defendants facing federal charges for their...
Watchdog says Biden Education Department defied court order on Title IX enforcement

Watchdog says Biden Education Department defied court order on Title IX enforcement

By Tom JoyceThe Center Square A watchdog group says the U.S. Department of Education ignored a federal court order on the Biden administration's expansion of Title IX protections and is...
Illinois in Focus: Candidate urges civil debate around ICE; state spends 43% more; mandatory voting

Illinois in Focus: Candidate urges civil debate around ICE; state spends 43% more; mandatory voting

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares comments from...
lake land college.3

Emergency HVAC Repair Approved for Lake Land’s New Effingham Technology Center

Article Summary: The Lake Land College board authorized an emergency expenditure of $35,426 to replace a pair of failed HVAC compressors at the Effingham Technology Center. The board bypassed the...
Ohio’s American-owned nuclear energy company plans expansion

Ohio’s American-owned nuclear energy company plans expansion

By J.D. DavidsonThe Center Square If the federal government comes through with funding, one of the country’s only uranium enrichment facilities expects to expand. Centrus Energy announced Thursday morning the...
Trump demands investigation into 'sabotage' during U.N. speech

Trump demands investigation into ‘sabotage’ during U.N. speech

By Brett RowlandThe Center Square President Donald Trump on Wednesday called for an investigation into what he said were "sinister events" before and during his high-profile United Nations speech a...
WATCH: McMahon discusses education at Reagan Institute

WATCH: McMahon discusses education at Reagan Institute

By Esther WickhamThe Center Square U.S. Education Secretary Linda McMahon emphasized literacy, artificial intelligence, civil discourse and education funding at the Reagan Institute Summit on Education. Indiana Education Secretary Katie...
Illegal border crossings near record low in August

Illegal border crossings near record low in August

By Bethany BlankleyThe Center Square (The Center Square ) – Illegal border crossings in August remained at near record lows although they were slightly up from July. Illegal crossings in...