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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?