Beef Prices and Basic Economics
If the plan to import beef from Argentina goes into action, and it backfires, it “could turn ranchers against a president who has historically enjoyed enormous popularity in cowboy country.”
By Douglas V. Gibbs —— Bio and Archives--October 30, 2025
American Politics, News | Comments | Back To Full Article
While many consumer prices are working their way downward under President Donald Trump’s watch and inflation is much more manageable than it was under Joe Biden or Barack Obama, the prices of beef have been surging upward. Typically, when prices fluctuate in this kind of manner, supply and demand is somewhere on the list of factors involved. Supply is a huge part of the modern problem with beef prices, with the U.S. cattle herd down to its smallest size in 70 years.
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