Reuters

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President Trump has urged U.S. cattle ranchers to lower beef prices for consumers.

Ranchers and economists attribute high beef prices to a reduced cattle supply caused by drought.

The administration is also planning to distribute billions in aid to farmers and reopen some USDA services.

WASHINGTON ― President Donald Trump says U.S. cattle ranchers are benefiting from tariffs he has imposed on imports but must lower prices to encourage American consumers to buy their beef.

Trump earlier this week said the administration was considering importing Argentine beef as a means of lowering record-high consumer beef prices. The suggestion angered U.S. ranchers . U.S. farmers also recently lost out to Argentina on soybean sales to China.

"The Cattle Ranchers, wh

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