Cattle ranchers express concern about boosting foreign beef imports

Cattle ranchers are speaking out against a Trump administration plan to temporarily waive higher tariffs on ground beef imports, arguing it will undercut their business and prevent them from rebuilding their dwindling cattle herds.President Trump announced on Truth Social last week that the U.S. will import 300,000 metric tons of ground beef \u2014 about 661 million pounds \u2014 while easing tariffs, allowing it to be sold at 25% below market price.\u00a0The deal is scheduled to take effect on Sept. 1, according to a description of the proclamation on the White House website. It applies to lean beef trimmings, which can be blended with higher-quality domestic beef to create ground beef, according to Purdue University economists.\u00a0U.S. beef prices\u00a0have surged to nearly $7 a pound, up roughly 63 cents over the last 12 months and $2.93 a pound since 2021. The White House said that temporarily expanding imports will lower beef costs for consumers.\u00a0"This action includes key safeguards to maximize cost savings while protecting American ranchers from foreign imports and giving space for American ranchers to grow the domestic herd," the White House added."Crazy input costs"Despite such reassurances, the plan to boost U.S. imports of foreign beef has drawn criticism from some cattle ranchers, who fear it could drive down the prices they receive for their cattle. Falling prices, compounded by rising production costs, would make it harder for ranchers to expand their herds \u2014 the main factor driving up beef costs for consumers.\u00a0Shawn Harris, a rancher based in Georgia and a Democratic nominee for the state\u0027s 14th Congressional District, said the plan could run cattle ranchers like him out of business.\u00a0"Right now, we got crazy input costs when it comes to tariffs and diesel, fertilizer, everything," he said in a recent\u00a0interview with CBS News. "And now farmers are about to sell cattle, and we\u0027re going to lose money on this deal."The American Farm Bureau Federation, a trade group for the agricultural industry, said the timing of the Trump administration\u0027s import plan is particularly concerning because the import window coincides with the peak sales period for farmers between September and November, when they have to make key decisions about their herds.Kimberly Ratcliff, CEO of Ratcliff Premium Meats, a ranching business that sells beef, thinks the Trump administration\u0027s plan to temporarily ease tariffs and boost beef imports could offer relief to consumers in the near term. But it won\u0027t help ranchers rebuild their herds and deal with high production costs, she said.\u00a0Ratcliff, who sources cattle from producers in East Texas to turn into beef products, told CBS News that ranchers are being forced to make difficult decisions about whether to keep or sell their cows amid the market uncertainty."Right now, it\u0027s costing $1,100 a year just to keep a cow. That\u0027s a lot of inputs to put in a cow when you\u0027re unsure what the market\u0027s going to do," she said, adding, "They\u0027re willing to take the price that they can get now."White House spokesperson Anna Kelly said Mr. Trump has bolstered the U.S. agriculture industry by negotiating new trade deals, expanding ranchers\u0027 and farmers\u0027 access to foreign markets, lowering input costs, and other actions.White House plans new measures for\u00a0Mr. Trump said on Friday on Truth Social that he is authorizing changes that would allow ranchers and farmers to process their own food. That would give them a potential workaround to working with large meatpacking companies."Ranchers and Farmers have always been a number one priority for me," Mr. Trump wrote. "They work very hard, are smart, efficient, and immaculately CLEAN, but for years I have heard that they have had a tremendous problem with the Big Processors, who many say are a nasty Monopoly. There are, essentially, 4 of them, a very non competitive number, and they make life miserable for our wonderful Farmers and Ranchers, and I can\u0027t let that happen, can I?"Kelly, the White House spokesperson, did not offer details on how the measure will work. "The administration is drafting several policy actions to further support those who feed the world \u2014 stay tuned!" she said in an email to CBS News.