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In response to comments made earlier today by President Trump regarding U.S. cattle producers and the increase of beef imports from Argentina as a way to lower beef prices, the Iowa Cattlemen’s Association has issued the following statement in response.
“President Trump’s reaction to the cattle industry's comments regarding his plan to import additional Argentine beef is disconcerting. This administration needs to know and recognize that words matter. Through President Trump’s continued rhetoric regarding beef prices, he continues to create undue harm to U.S. cattle producers, inhibiting their ability to make smart marketing decisions that directly impact their long-term profitability. These unnecessary market swings influence the daily lives of those working to raise a safe beef product for consumers, a product still in high demand. Today’s comments from President Trump undermine the hard work of U.S. producers, whom he himself has referenced as the backbone of America. The Iowa Cattlemen’s Association will continue to work with our partners and legislators in Washington, D.C. to push our message forward -- that government intervention is not the answer.” – Iowa Cattlemen’s Association
Earlier this week, there was speculation about President Trump’s plan following offhand remarks alluding to imports of Argentine beef, but little context or detail was provided at the time. Below are the initial comments offered by the Iowa Cattlemen’s Association as we closely monitored the situation and sought to understand the intent.
"President Trump's recent remarks about potentially importing more Argentinian beef are concerning for U.S. cattle producers, and the little detail that accompanied those comments has created unnecessary volatility in the market and led to detrimental results for our producers," said Bryan Whaley, Iowa Cattlemen's Association CEO. "Members of the Iowa Cattlemen's Association have been reaching out to express their concerns, specifically the impact on cattle market prices following the announcement. We are monitoring this situation closely, awaiting important details, as well as collaborating with the National Cattlemen's Beef Association to join our members' concerns and voice with other states to elevate this industry issue on a national level. What we know is that consumer demand for the high-quality beef raised by U.S. producers has remained strong, despite the increased costs caused by drought, border closures, and high input costs to producers. Simply put, it is supply and demand economics. The Iowa Cattlemen's Association will continue to work with our partners to communicate the message to President Trump, the USDA, and other leaders to avoid intervention and let the market work."
As this story continues to unfold, the Iowa Cattlemen’s Association will remain diligent in advocating on behalf of our members and making their voices heard.