If you believe you're currently overpaying for burgers, beef, or bacon, you may not be pleased to learn that costs might continue to increase.
Several analysts suggest that these rises might be due to the new reciprocal tariffs implemented by President Donald Trump earlier this week.
However, might the tariffs significantly affect local beef cattle and pork farmers even before they reach consumers?
THE LOCAL FARM IS IN DISPUTE WITH THE USDA STANDARDS AND THUS LOST ITS FUNDS FOR SCHOOL FEEDING PROGRAMS
On April 3rd, News 13 interviewed Jamie Ager, who owns Hickory Nut Gap Farm, regarding the potential effects these alterations might have on the grass-fed beef and pork sector.
Ager states that tariffs might bring about mixed effects—both advantageous and disadvantageous—for farmers such as himself.
"Tariffs might cause these prices to increase, which could potentially benefit the local grass-fed beef sector," Ager stated.
However, he also mentioned that if his vendors or customers experience difficulties, he will be affected as well.
Haywood Christian Ministry Launches 23,000-Sq-Ft Food Hub to Combat Growing Food Insecurity
"Purchasing items inexpensively from a supplier and subsequently causing them harm, or charging customers excessively and thereby harming them, does not constitute sound business practice in the long run," Ager stated.
In an industry always confronting turmoil and uncertainty, the Fairview farm owner thinks that individuals like himself must simply bide their time and observe what unfolds.
'SEASONING THE INJURY WITH SALT': ENTREPRENEURS CONCERNED THAT TARIFS MIGHT COMPEL THEM TO INCREASE PRICES
"I am confident we will find a solution. Farmers are inherently inventive and enterprising, and with the current circumstances, we'll determine how to proceed," Ager stated.
Based on the latest census information, the previous year saw over $11 billion worth of beef being brought into the U.S. through imports.