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

WATCH: Pritzker touts education spending as potential challenger focuses on literacy

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says increased K-12 spending during his administration is producing results. A potential competitor...
Congress returns, but Trump's 'pocket rescissions' snarls govt funding process

Congress returns, but Trump’s ‘pocket rescissions’ snarls govt funding process

By Thérèse BoudreauxThe Center Square It’s Congress’ first day back in session, but President Donald Trump’s clawback of nearly $5 billion in congressionally-approved spending has alienated Democrats, whose cooperation is...
Judge rules against Trump on National Guard, Marines in California

Judge rules against Trump on National Guard, Marines in California

By Dave MasonThe Center Square A federal judge Tuesday ruled against President Donald Trump’s deployment of the California National Guard and Marines in Los Angeles. U.S. District Court Judge Charles...
Permian Basin producers reduce methane intensity by 50% as production increases

Permian Basin producers reduce methane intensity by 50% as production increases

By Bethany BlankleyThe Center Square Methane emissions intensity for upstream oil and natural gas operations in the Permian Basin declined by more than 50% in two years, according to an...
FDA pushes nicotine pouch makers to use child-resistant packaging

FDA pushes nicotine pouch makers to use child-resistant packaging

By Brett RowlandThe Center Square The Food and Drug Administration is pushing nicotine pouch manufacturers to use child-resistant packaging in response to an increase in accidental exposures among children. All...
Banning AI instruction in college could stifle innovation, IL lawmaker says

Banning AI instruction in college could stifle innovation, IL lawmaker says

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Supporters of a new law prohibiting artificial intelligence being the sole instructor in community college say...
WATCH: Chicago braces for federal law enforcement; Dabrowski on public safety, education

WATCH: Chicago braces for federal law enforcement; Dabrowski on public safety, education

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 gets to the...
Illinois quick hits: Eight dead after weekend violence; Mexican national's extradition sought

Illinois quick hits: Eight dead after weekend violence; Mexican national’s extradition sought

By Jim Talamonti | The Center SquareThe Center Square Eight dead after weekend violence Chicago Police say more than 55 people were shot, at least eight fatally, in the city...
Chinese networks use U.S. to launder billions for Mexican cartels

Chinese networks use U.S. to launder billions for Mexican cartels

By Brett RowlandThe Center Square Chinese networks are laundering billions of dollars in drug cartel cash through the U.S. financial system, according to a new report from the Treasury Department....
Alternative tax-hike ideas emerge to fund Illinois public transit

Alternative tax-hike ideas emerge to fund Illinois public transit

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois lawmakers are proposing more options to address a $770 million fiscal cliff for public transit. After...
Kamala Harris pro-union X post inspires major Labor Day backlash

Kamala Harris pro-union X post inspires major Labor Day backlash

By Carleen JohnsonThe Center Square An X post from former Vice President Kamala Harris on this Labor Day has generated hundreds of mostly critical comments. “When unions are strong, our...
Speaker Mike Johnson says Shreveport 'Democratic DA' is to blame for high crime

Speaker Mike Johnson says Shreveport ‘Democratic DA’ is to blame for high crime

By Emilee CalamettiThe Center Square When asked about crime in Caddo Parish, U.S. House Speaker Mike Johnson said the "Democratic DA" is not prosecuting as he should. Johnson appeared on...
Trump says he will sign executive order ending mail-in voting

Trump says he will sign executive order ending mail-in voting

By Elyse ApelThe Center Square President Donald Trump said he will be signing an executive order ending mail-in voting and requiring voter ID. “Voter I.D. Must Be Part of Every...
Everyday Economics: Jobs report takes center stage in week ahead

Everyday Economics: Jobs report takes center stage in week ahead

By Orphe DivounguyThe Center Square The economy finds itself in an uncomfortable position where growth is cooling while inflation pressures intensify. The Fed's preferred inflation measure (PCE) shows core inflation...
Legislator warns bad Illinois policy continues to hurt business investment

Legislator warns bad Illinois policy continues to hurt business investment

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – With businesses in Illinois now suffering on multiple levels, state Rep. Brad Halbrook argues it’s clear...