More than 80 percent of the beef Americans consume is produced in the United States, meaning that even an increase in beef imports is unlikely to radically increase the supply of beef and lower prices. Groups representing ranchers said the plan was only a short-term fix for consumers, and would hurt ranchers and discourage them from increasing the supply of American cattle and reducing prices over the longer term. "While America's cattle producers share the goal of keeping groceries affordable for consumers, flooding the market with government-subsidized, below-market beef is not the way to rebuild the American cattle herd," said Colin Woodall, the chief executive of the National Cattlemen's Beef Association. The plan was also blasted by some Republican lawmakers who represent large cattle-raising areas. https://www.nytimes.com/2026/08/21/business/economy/trump-beef-prices.html Accessed: 23 August 2026 at 0105 UTC
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