Dr. Derrell Peel, a livestock market economist for Oklahoma State University, said that, despite some U.S. beef producers’ dislike of importing beef, imports play an important role in meeting consumer demand. “Once we fabricate those animals, they produce thousands of different products,” Peel told the Radio Oklahoma Network. “However, that mix of products doesn’t always match what beef consumers prefer.” President Trump announced a plan to import beef from Argentina to help lower the price of beef in the U.S. While there has been backlash against the plan, Peel said Argentina’s contribution to U.S. beef is small. “Argentina represented about 2.1 percent of our total beef imports,” he said. “It’s a very minor source of supply.” He also said even if the amount increases, it would represent at most just a minor amount to offset the expected decrease from Brazil due to the current 50 percent tariff on Brazilian imports.
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