Ground Beef
Sen. Cindy Hyde-Smith of Mississippi discusses the Farm Bill and the issues she expects lawmakers to address as the legislation moves forward.
Imported lean beef may already be trading at roughly the discount President Donald Trump has cited, suggesting the 25 percent figure reflects existing market prices rather than a guaranteed reduction in retail beef costs.
The Antitrust Division says it sent letters to Kroger, Publix, Walmart, Albertsons, Aldi, Ahold Delhaize, Costco, and Amazon.
Ranchers are raising concerns as the U.S. cattle industry works to rebuild a historically tight herd.
USDA’s Ranchers First Initiative includes new risk management tools, processing programs and efforts to rebuild the American beef herd.
Virginia Gov. Abigail Spanberger recently sent a letter to U.S. Secretary of Agriculture Brooke Rollins calling the policy “catastrophic” and raising concerns about its potential impact on cattle producers.
President Donald Trump said the imported beef will be sold at 25 percent below current market prices.
As beef prices have climbed roughly 9-13 percent, some shoppers are shifting toward pork and chicken, which remain more affordable per gram of protein.
Producers near affected facilities may have to look farther from home to market their cattle.
Corte Argentino USA recalled nearly 30,000 pounds of raw beef produced between May 15 and May 20 and distributed in Texas and Florida, according to the USDA’s Food Safety and Inspection Service.