U.S. beef prices have been stubbornly high for a variety of reasons, including drought and reduced imports from Mexico due to a flesh-eating pest in cattle herds there.

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[–] 3 points 1 year ago (2 children)

If American ranchers are struggling to produce competitive beef, why is that a problem? It's not a critical good; just import it and let the industry shrink.

If as you say it's domestic producers maintaining the price high by restricting supply, imports will encourage them to increase supply.

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  • [–] 1 point 1 year ago

    Also, if the dollar is weakening, that makes US-ranched beef relatively cheaper on world markets (assuming some idiot didn't slap tariffs on beef imports, triggering retaliatory tariffs from back-stabbed trading partners).

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