Farmers, ranchers and cattle producers are opposing President Trump’s plan to buy more beef from Argentina. Prices have jumped nearly 14% over the past year, and many cattle ranchers and farmers’ groups are concerned the move will come at their expense.

President Donald Trump’s plan to cut record beef prices by importing more meat from Argentina is running into heated opposition from U.S. ranchers who are enjoying some rare profitable years and skepticism from experts who say the president’s move

U.S. beef prices have skyrocketed to record levels, challenging the president’s promise to make groceries more affordable.

"I'm appalled President Trump, who campaigned on how he loved farmers, is putting America's farmers out of business by helping Argentina farmers first," said John Boyd, a cattle and crop farmer and founder of the National Black Farmers Association. "Trump set us up and sold us out," he told Newsweek.

President Trump’s plan to import red meat runs counter to his philosophy of increasing domestic production, and has angered cattle ranchers in the United States.

The beef processing plant in Olathe, Kansas, marked a turning point for Walmart. But ranchers and agricultural experts warn the nation's already stunted beef industry could be falling under more corporate control.

The U.S. has the fewest cattle right now since 1951, and ranchers face hard decisions on whether and how to grow their herds.

Republican Mike Rounds said he met with Trump and Agriculture Secretary Brooke Rollins about “the concerns I’ve heard from hundreds of South Dakota ranchers” since Trump’s comments.