Episode Transcript
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Speaker 2 (00:00):
Uh.
Speaker 1 (00:00):
President Trump would like to import more beef, in particular,
I think from Argentina, because he understands as a supplying
demand issue and beef prices have gotten so high he
wants to try to get the price down. I'm thinking though,
Texas ranchers probably don't like that idea very much.
Speaker 2 (00:16):
Good morning. This is Commissioner Nolla. Good to be with
you this morning.
Speaker 1 (00:20):
Yes, sir, did you hear my question?
Speaker 2 (00:22):
Yes, sir, you know we've uh ice of beef is
too high. I agree with President Trump on that. I
certainly agree with him on his calves. I think there's
better ways to lower the price of beef than importing
more beef. Two problems with importing Argentine beef. We already
import some Argentine beef. Have to grind it off in
hamburger because it's very very low quality uh. Number number one,
(00:45):
it's grass dead, it's not grain fad like our beef.
And two, it's a different breed of catalysts, Brahmin influenced cattle,
which are very tough and stringing. So it will lower
the price of hamburger, but it's not going to lower
the price of those plays you just bought or hard
strips of it, or the Rabbis or Texas we love
a brisket, they want one of those those cuts two.
(01:07):
It creates a bigger problem that we're fighting tooth and nail.
At least I am under Biden administructure we became, I'd
coach a trade deficit. Mercan has always been the bread
basket of the world. We raised enough food for ourselves
and a lot of the rest of the world. But
under Biden we have a forty eight billion dollar agg
(01:27):
trade deficit. What that means is we're buying forty eight
billion dollars more food than we're selling, and buying more
Argentine beef compounds that problem. There's better ways, so.
Speaker 1 (01:40):
All right, well, I'd be interested to hear what the
what the better way would be. It seems like the
only better way would be to raise more cattle. But
there's a lot of reasons why the cattle level is
at it's at where it's at right now now, the
least of which is the drive we went through just
a few short years ago.
Speaker 2 (01:55):
Well, the rout is a big part of it, but
also during the administration they kicked farmers and ranches off
of federal land. We have twenty four million idle acres
of grazing land that formerly had livestock on it. So
yesterday Seth trey Bergham announced that he was going to
open those back up to grazing. So that's a great,
(02:15):
great first step, but we can do a lot more
than that. There is a Salt Banker fan we call
it CRP Conservation Reserve Program that private industry, private farmers
and ranchers own. They put it in prass and agreed
to not farm it, but they don't let the farmers
graze it. So we could open that up for three years.
(02:35):
Then we'll have a place put our breeding happers that
we want to retain our cows and we're in a
draft again, so we need a place to graze our cattle.
So that would be very simple. All you have to
do on that one is just open the gate. Let's
let the cows in. So that's that's very easy to do.
The CRP eight that now, could we build the herd.
We got to have some incentives. We have an incentive
(02:58):
it's a child tax credit. If you have kids seventeen
and younger, you just take a thousand bucks right off
your taxes. You know, for expense of raising those kids.
We could do something similar on to retain breeding heifers.
Let's give a tax credit those cal calf operators. They're
making really good money right now. They need a tax deduction.
(03:18):
Let's give them some credit for holding some heifers back
and increasing our national calverry. That's just almost a no brainer.
Now there the last name is and this would lower
it immediately tomorrow, the process of people would come down.
Instead of bringing beef in in a box, let's bring
beef in on the hoof. And what I mean by that,
(03:40):
we have closed the border to Mexico. We get fifteen
percent of our feeder cattle out there, and we've got
a year's worth backed up and another year's worth ready
to come in. So we could methodically. You have to
do it very judiciously. You can't just throw it wide open.
It would totally crash the market. But a very measured approach.
We've got to open that border. Sometimes we can do
(04:01):
it very safely without having any problems of having the
screw worms come in. You announced that we're opening the
open up the border to Mexican imports. Immediately the price
of beef will come down.
Speaker 1 (04:13):
Those are all good ideas, Sir. I hope, I hope
you have some success convincing the folks in Washington on
all of this. Thank you, Sid Miller, our Texas Agriculture Commissioner,
Uh.
Speaker 1 (00:00):
President Trump would like to import more beef, in particular,
I think from Argentina, because he understands as a supplying
demand issue and beef prices have gotten so high he
wants to try to get the price down. I'm thinking though,
Texas ranchers probably don't like that idea very much.
Speaker 2 (00:16):
Good morning. This is Commissioner Nolla. Good to be with
you this morning.
Speaker 1 (00:20):
Yes, sir, did you hear my question?
Speaker 2 (00:22):
Yes, sir, you know we've uh ice of beef is
too high. I agree with President Trump on that. I
certainly agree with him on his calves. I think there's
better ways to lower the price of beef than importing
more beef. Two problems with importing Argentine beef. We already
import some Argentine beef. Have to grind it off in
hamburger because it's very very low quality uh. Number number one,
(00:45):
it's grass dead, it's not grain fad like our beef.
And two, it's a different breed of catalysts, Brahmin influenced cattle,
which are very tough and stringing. So it will lower
the price of hamburger, but it's not going to lower
the price of those plays you just bought or hard
strips of it, or the Rabbis or Texas we love
a brisket, they want one of those those cuts two.
(01:07):
It creates a bigger problem that we're fighting tooth and nail.
At least I am under Biden administructure we became, I'd
coach a trade deficit. Mercan has always been the bread
basket of the world. We raised enough food for ourselves
and a lot of the rest of the world. But
under Biden we have a forty eight billion dollar agg
(01:27):
trade deficit. What that means is we're buying forty eight
billion dollars more food than we're selling, and buying more
Argentine beef compounds that problem. There's better ways, so.
Speaker 1 (01:40):
All right, well, I'd be interested to hear what the
what the better way would be. It seems like the
only better way would be to raise more cattle. But
there's a lot of reasons why the cattle level is
at it's at where it's at right now now, the
least of which is the drive we went through just
a few short years ago.
Speaker 2 (01:55):
Well, the rout is a big part of it, but
also during the administration they kicked farmers and ranches off
of federal land. We have twenty four million idle acres
of grazing land that formerly had livestock on it. So
yesterday Seth trey Bergham announced that he was going to
open those back up to grazing. So that's a great,
(02:15):
great first step, but we can do a lot more
than that. There is a Salt Banker fan we call
it CRP Conservation Reserve Program that private industry, private farmers
and ranchers own. They put it in prass and agreed
to not farm it, but they don't let the farmers
graze it. So we could open that up for three years.
(02:35):
Then we'll have a place put our breeding happers that
we want to retain our cows and we're in a
draft again, so we need a place to graze our cattle.
So that would be very simple. All you have to
do on that one is just open the gate. Let's
let the cows in. So that's that's very easy to do.
The CRP eight that now, could we build the herd.
We got to have some incentives. We have an incentive
(02:58):
it's a child tax credit. If you have kids seventeen
and younger, you just take a thousand bucks right off
your taxes. You know, for expense of raising those kids.
We could do something similar on to retain breeding heifers.
Let's give a tax credit those cal calf operators. They're
making really good money right now. They need a tax deduction.
(03:18):
Let's give them some credit for holding some heifers back
and increasing our national calverry. That's just almost a no brainer.
Now there the last name is and this would lower
it immediately tomorrow, the process of people would come down.
Instead of bringing beef in in a box, let's bring
beef in on the hoof. And what I mean by that,
(03:40):
we have closed the border to Mexico. We get fifteen
percent of our feeder cattle out there, and we've got
a year's worth backed up and another year's worth ready
to come in. So we could methodically. You have to
do it very judiciously. You can't just throw it wide open.
It would totally crash the market. But a very measured approach.
We've got to open that border. Sometimes we can do
(04:01):
it very safely without having any problems of having the
screw worms come in. You announced that we're opening the
open up the border to Mexican imports. Immediately the price
of beef will come down.
Speaker 1 (04:13):
Those are all good ideas, Sir. I hope, I hope
you have some success convincing the folks in Washington on
all of this. Thank you, Sid Miller, our Texas Agriculture Commissioner,
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