Minnesota cattle farmers criticize Trump's plan to waive higher beef tariffs in effort to lower prices

President Trump is taking action to lower people's grocery bills. But some cattle farmers, including those in Minnesota and Wisconsin, are furious.

The CBS News price tracker shows the price of ground beef has gone from an average of $5.55 a pound in January to $6.89 a pound now. That's up more than 10% since last year. 

Consumer Courtney Estenson told WCCO the rise in the price of beef has her seeking other options while shopping.

Shopper Len Pollard said, "Seems like there is an increase of a few dollars for anything from hamburger meat to New York strip steaks."

With just over two months until the election, President Trump announced he has reached a deal to import beef without tariffs, which he says will reduce beef prices by 25%.

At one Minneapolis store on Monday, WCCO found a pound of ground beef that was 80% lean and 20% fat at $7.39 a pound, and a pound of organic ground beef that was 85% lean and 15% fat at $7.69 a pound.

The Minnesota State Cattlemen's Association says any price relief will be short-lived.

Root went on to say, "Maybe consumers might see a little price drop short-term, but we're definitely not seeing anything major or long-term. That's what's so frustrating about this, too, is we're constantly telling the government [to] stop manipulating the markets. It's only going to hurt farmers and ranchers, and it's not going to benefit the consumers."

It's not just ranchers. The National Milk Producers Federation released a statement on Monday, which said, in part, "This will have a short-term, muted economic impact for consumers: But the effects on both dairy and beef producers could be felt for some time. This decision risks a reduction in the price dairy farmers receive for their cull cows and higher profits for foreign beef exporters, all for a potentially nominal decrease in the retail ground beef price."