US Cattle Ranchers Lose Out as Beef Imports Rise

A U.S. 90 day beef import tariff waiver that covers 300,000 metric tons would equal around 10% of annual U.S. beef imports, at a time where ranchers are looking for an incentive to rebuild their herds. Ben Klieve, Senior Research Analyst at The Benchmark Company, explains how cattle ranchers have pushed back hard, because cheaper imported beef weakens the case for rebuilding a herd that is already historically small. View his full report in the related video.