The National Cattlemen's Beef Association criticizes the plan to import beef into the USA.
Within the framework of the initiative called the "Great American Beef plan", the presidential administration intends to import up to 300,000 metric tons of ground beef duty-free. According to the president's statement, this product must be sold at a price 25 percent lower than current market indicators.
The National Cattlemen's Beef Association (NCBA) has officially condemned this decision. The organization's CEO, Colin Woodall, noted that artificially saturating the market with subsidized imported meat hinders the recovery of the American herd. In the opinion of the association's representatives, such interference in market mechanisms could lead to a price collapse and force farmers to scale back production.
The NCBA statement emphasizes that August is a critical period for making decisions regarding herd development. The industry is already in the process of recovering from years of drought and high production costs, which have led to a decrease in livestock numbers in the US. The association believes that the announced measures jeopardize the sector's long-term stability for the sake of short-term goals, despite high market demand. It is worth noting that over the past two years, the cost of beef has risen significantly, outpacing general inflation rates.