Oklahoma's Beef Industry Faces Challenges Amid Rising Prices and Trump's Argentina Beef DealOklahoma, the nation's second-largest beef cow producer, is grappling with record-high cattle and beef prices, despite importing more foreign beef than ever. Former President Trump proposes increasing Argentina beef imports by four times, aiming to lower grocery store and restaurant prices. However, experts doubt this will significantly impact beef prices, as most Argentine beef is used for ground beef, and Argentina only accounts for a small fraction of U.S. beef imports. Local businesses and ranchers are already feeling the pinch, with rising inflation, interest rates, and smaller herds. The future of beef prices and imports remains uncertain, leaving Oklahoma's producers and shoppers on edge.
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