On Friday, August 21, President Trump announced his largest beef intervention yet, a temporary window allowing up to 300,000 metric tons of additional beef destined for the grinder to enter at the lower tariff rate for 90 days, to be formalized by executive order within two weeks, with a commitment that the product will be sold 25% below current market prices.
This is America First pragmatism. The left wants price-gouging theater and federal prosecutors in the meat case. Trump chose a targeted, temporary, reversible market tool: 90 days, grinder beef, 25% below market, friends first, and no permanent control scheme. Ranchers deserve respect, but demand is their silent partner. If families abandon beef for chicken and pork during the rebuild, ranchers lose the market they are trying to restore. Muse’s orchard analogy lands. You buy fruit while the trees grow. You stop when the orchard bears. That is prudence, not capitulation.
Great article Mr. Muse. I fully agree with President Trump's targetted action. But he needs to extend a personal hand of reassurance to the cattlemen. They have suffered greatly under the hands of previous administrations and drought. I believe expanding local ranchers the ability to process and sell their own products needs to be supported to curb Tyson et.al.
You continue to amaze me with your logical, articulate common sense observations and that is truly appreciated! I'm nowhere near that world so your explanation of what is currently happening and the thought process surrounding the decision is exactly what I need. Thank you one more time.
This is America First pragmatism. The left wants price-gouging theater and federal prosecutors in the meat case. Trump chose a targeted, temporary, reversible market tool: 90 days, grinder beef, 25% below market, friends first, and no permanent control scheme. Ranchers deserve respect, but demand is their silent partner. If families abandon beef for chicken and pork during the rebuild, ranchers lose the market they are trying to restore. Muse’s orchard analogy lands. You buy fruit while the trees grow. You stop when the orchard bears. That is prudence, not capitulation.
Another great article; thank you for breaking it down so well…sometimes the naysayers seem to scream too loud and drown out the truth.
Great article Mr. Muse. I fully agree with President Trump's targetted action. But he needs to extend a personal hand of reassurance to the cattlemen. They have suffered greatly under the hands of previous administrations and drought. I believe expanding local ranchers the ability to process and sell their own products needs to be supported to curb Tyson et.al.
You continue to amaze me with your logical, articulate common sense observations and that is truly appreciated! I'm nowhere near that world so your explanation of what is currently happening and the thought process surrounding the decision is exactly what I need. Thank you one more time.