Once again our own U.S. trade policies are causing an economic downturn in the ag sector, and no one seems to be reacting to it, as nothing is being mentioned on the Internet.
Right now, there is just no way that U.S. cattle producers can be flooding their own market with product as the rebuilding of our lowest cattle herd in history is just beginning, resulting in lower cattle numbers going to market, so how can cattle prices be falling so fast?
I’ll tell you why. It is because foreign imported product is being brought in, and with the push to dismantle county of origin labeling, this product when ground up and mixed with U.S. beef will then become a product of the U.S., which is why COOL is being attacked.
How sad that our government once again wants to throw ag and cattle producers under the bus in order to promote economic prosperity in other countries at the expense of our own.
Now is the time to wake up before things get too bad again and before another round of producers is taken out like last time and it is too late.
Source: Billings Gazette