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Honored Advisor

US Beef exports and imports.

I caught David Kruse`s broadcast     https://www.commstock.com/radiobroadcasts.asp 

 

He mentioned something that caught my attention about `beef imports and exports are now about even`.   I looked it up and what I gather it`s true,  about 2.6 billion lbs of both imports and exports of beef, alot being imported from Australia, New Zealand and Canada.

 

http://www.cattlenetwork.com/cattle-news/US-beef-exports-slow-imports-gain-in-July-275604311.html  

 

With all this tulip mania in cattle, and since beef imports are gaining on exports, should a person be concerned?   With the "strong" US dollar what we import is "cheap" , our record high beef prices will also be higher priced to export.  And if the world is in deflation where cash is king, won`t it be an incentive for other countries to send us all the beef they can? 

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