The price of beef in the US has gone up by ~30% from 2015-present. According to reports, the price is not coming down soon, as there is a shortage of beef cattle due to drought.
So you're going to keep paying a lot for beef.
And you're probably going to pay even more!
... On that recent China trip, the Americans struck a trade deal, and now, according to an X post from Secretary of Agriculture Brooke Rollins, China will be importing the best beef in the world...[from the USA].
RedState is into Magical Thinking about this.
...The question is, how will this affect American beef prices, which are still nearly at pre-Trump, pre-trade-deal levels? Well, that remains to be seen, but if American ranchers start upping their production, as beef ranching becomes profitable again, then local supply should start increasing as well, which is good for American consumers. If the prices of our steaks and cheeseburgers come down accordingly, that's a significant feather in the Trump administration's cap. ...
Sure, sure. (Insert John Candy meme here).
Conditionals aside, the author seems to think that ranchers will up their production because beef ranching will be magically profitable. Uh-huh.
Cattle are in short supply because ranchers sold off stock that could not be fed. When there is a drought-induced shortage of feed, production cannot go up unless ranchers pay a whole lot of money for feed. When they pay more, the price of beef will rise.
This is Econ 101, a class that RedState (and Brooke Rollins, and Trump), flunked.
Apparently RedState--like Trump--doesn't really consider the US consumer as an important entity.
Is this what we voted for three times?
6 comments:
“Apparently RedState--like Trump--doesn't really consider the US consumer as an important entity.”
Shouldn’t Childers be informed so he can reevaluate his undying praise for Trump?
I think there’s a shortage of fencing around the country
Especially in the Midwest, where all the Corn and bean farmers farmers got all the subsidies, and so they tore down the fences to grow more grain
I certainly like beef finished with corn, but the the truth is it’s much healthier if it’s raised on grass And there’s a lot less round up on hay
I really wish Trump would look at that too
And I believe it takes a lot less petroleum to raise hay than it does for corn and beans
Just saying
Our local farmers are taking it into shorts over the cost of fuel to run their tractors
Fortunately, there is a huge stock of corn that keeps getting turned into Ethanol to mess up our engines. It could be usefully repurposed as beef food.
I like it when they cut the whole corn plant, ear and plant and turn it into silage.. Like a sour kraut for cows... cows love it.
Nope.
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