Cattle ranchers tear into Trump
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President Trump says importing more Argentine beef will lower prices, but ranchers argue the real problem isn’t supply, it’s the corporate giants controlling America’s meat industry.
Scott Varilek with Kooima Kooima Varilek says cattle futures gapped lower on the opening Friday and feeder quickly pushed to limit down status with fear of the U.S. opening the border to Mexican feeder imports.
The administration of U.S. President Donald Trump on Wednesday continued its campaign to cut the cost of beef, with Trump urging cattle ranchers to lower prices while several agencies announced an effort to rebuild the country's decimated cattle herd.
The Trump administration is rolling out efforts to address record prices for beef — and its plans are moving markets and angering U.S. ranchers. For shoppers hoping for relief, it could be much ado about nothing.
President Donald Trump tied cattle ranchers’ success to the tariffs he’s enacted in a social media post Wednesday.
Two men are facing felony charges after being accused of cattle rustling, according to the Randolph County Sheriff’s Office. On Friday, deputies were informed by the Chatham County Sheriff’s Office and the victim that cattle had been stolen from the area of Royal Ridge Road in Ramseur and later sold