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American ranchers face historic cattle shortage as Trump vows to lower beef prices
Developing
On Friday, President Trump said he would waive beef tariffs on imported ground beef for 90 days in an attempt to bring beef prices down and rebuild the U.S. cattle herd. "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," Woodall said in a statement.
TRUMP'S FOREIGN BEEF PUSH TO CUT GROCERY COSTS SPARKS GOP REVOLT FROM RANCHING COUNTRY The USDA reported the United States entered 2026 with 86.2 million cattle and calves, which is the smallest cattle herd since the 1950's. (FOX / Fox News) The National Cattlemen's Beef Association's CEO, Colin Woodall, came out against Trump's announcement, saying he was "disappointed" in the plan.
GET FOX BUSINESS ON THE GO BY CLICKING HERE Pennington said it takes about two years to produce a cow for slaughter to become beef, explaining that rebuilding America's cattle herd could easily take a decade. President Donald Trump on Friday revealed his plan to waive higher tariffs on beef imports for 90 days.
Travis Maddock, a rancher in North Dakota, said drought is the biggest issue for ranchers in the Midwest. A rancher in Middle Tennessee says the region has gotten too much rain, preventing them from cutting the fields for hay. (FOX News / Fox News) In Middle Tennessee , Pennington said the agricultural industry is battling fast urban development.
We urge the president to strongly reconsider his plan," Duvall said in a statement. "The next generation doesn't want to take on that workload," Pennington said.
"There's an appetite for expansion, but we are in a drought," Maddock said. It keeps us out of the fields from cutting hay," Penington said.
What's confirmed
What's still developing
- On Friday, President Trump said he would waive beef tariffs on imported ground beef for 90 days in an attempt to bring beef prices down and rebuild the U.S. cattle herd.
- President Donald Trump on Friday revealed his plan to waive higher tariffs on beef imports for 90 days.
- TRUMP'S FOREIGN BEEF PUSH TO CUT GROCERY COSTS SPARKS GOP REVOLT FROM RANCHING COUNTRY The USDA reported the United States entered 2026 with 86.2 million cattle and calves, which is the smallest cattle herd since the…
- "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,"…
- We urge the president to strongly reconsider his plan," Duvall said in a statement.
- Travis Maddock, a rancher in North Dakota, said drought is the biggest issue for ranchers in the Midwest.
- "There's an appetite for expansion, but we are in a drought," Maddock said.
- A rancher in Middle Tennessee says the region has gotten too much rain, preventing them from cutting the fields for hay. (FOX News / Fox News) In Middle Tennessee , Pennington said the agricultural industry is…
Sources
- Fox Business — source text fetched for this pass link