When the administration planned to lower beef import tariffs to give US consumers a little relief on sky high beef prices didn't the beef industry lobby strongly to prevent that from happening?
Was that because too many over paid when they bought $350 plus/CWT feeders and do not want to loose money from that bad decision, or was it simply because they were not finished price gouging the US consumers yet?
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When any US industry cannot meet domestic demand, why not open import restrictions? It could be over a decade before US beef stocks recover.
Ss55, there are a whole number of factors here.
You have some good points, valid things to discuss and look at.
On the other side:
The beef market has reacted to price trends. Live beef has risen in costs to match the prices on the supermarket shelves. It takes 2+ years to bring that expensive calf to the supermarket. If you crash supermarket prices with a flood of cheap imports, all those beef farmers with an inventory of expensive live animals will go bankrupt. Even with govt assistance at that time, many would never raise beef again. You would -drastically- shrink the usa beef herd, and now become dependent on lots of imported beef for decades to come. This would affect the rural USA economy deeply. And it would affect your beef supply and quality much more than currently.
Do you really want to be responsible for that?
Many find imported beef is stringy and flat tasting, which would make the product on the shelves poorer. It would be like saying gas prices are high, we need to import 84 octane gas to meet demands. While cheapening gas, would it really serve consumers here or create more problems with poor fuel quality? An oversimplified example, just for thought.
Currently the somewhat free market is doing its job, keeping beef supplies going at price levels that consumers seem to be able to afford. Let the markets work. Pork and chicken have remained fairly cheap, so consumers have easy options to meet their meat needs. Yes beef is darn expensive, but all the somewhat free market systems are working to keep food supplies and costs in line with each other.
Please, please, don’t crash those and destroy the USA beef industry for some short term price relief.
There has been some modest expansion of beef allowed, encouraged, and that is a fine thing, we can certainly meet in the middle in this.
But it would be terribly destructive to throw the doors open and import every scrap of meat we can.
There are so many bits and pieces that got us in the position we are in today, we need to unwind it slowly back to the middle ground again, it will take years to do so responsibly. Please be very careful what you ask for.
It is unfortunate beef is going into the lobster and crab affluent market, but it seems consumers have adjusted to that and it is working for everyone for now. Cycles swing and adjust, it is much better f we can allow that to happen instead of shocking the system and causing more problems than we have now.
It’s inconvenient to pay more for beef, but it’s not a crisis? Let’s move forth calmly and with reason.
Paul