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.
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?