In late August, United States President Donald Trump announced a 90-day pause on certain beef tariffs, making beef cheaper to import, particularly from Brazil.

That decision was framed as a way to bring down prices for consumers, but it landed as a betrayal for many US ranchers, who were getting ready to take their cattle to market.

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It is too soon to tell how the decision will ultimately affect grocery prices, but the impact on ranchers was immediate: prices at cattle auctions plummeted, temporarily lowering ranchers’ profits.…