The National Cattlemen’s Beef Association has responded to President Trump’s plan to import Argentine beef to lower consumer beef prices. NCBA CEO Colin Woodall says his organization is concerned. “but, more importantly, we are just flat disappointed.” Woodall said Trump’s plan only creates chaos. “Any offhanded comment, as innocuous as they may think it is, can have huge ramifications on the marketplace,” said Woodall. “We saw that on Friday (October 17) when the futures markets just absolutely crashed and cost this industry, and a lot of cattle producers, a lot of money for nothing more than just a passing comment on the plan that wasn’t even fully formed.” The NCBA supports letting the market work, rather than accepting government intervention.
