FREE EPISODE: Fat Tuesday with Mike Sands | BIG NEWS IN BEEF

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.Big headlines are easy. The hard part is figuring out what actually changes the cattle market when drought, forage, and tight inventories are already doing the real work. We sit down to sort through the recent executive orders and proclamations, why talking down beef prices can still pressure fed cattle and feeder cattle, and whether new retention-style programs can move the needle when pasture and hay are the binding constraints.From there, we get practical: CRP haying and grazing access, what late rains can and cannot fix as grazing season winds down, and why wheat pasture moisture matters in the Southern Plains. We also tackle the meat inspection chatter and direct-to-consumer beef sales, including what likely stays the same for interstate commerce, why inspection still protects demand, and why selling beef is a different operation than feeding cattle.Then we dig into the numbers that drive decisions. The Cattle on Feed report setup points to historically small feedlot placements, record small marketings, and a stubbornly large share of cattle on feed over 180 days that can squeeze marketing flexibility and amplify price swings. We close with trade flows: record beef imports pulled in by high U.S. prices, exports that trend lower, and what strong basis levels may be signaling for futures. Subscribe, share this with a cattle producer friend, and leave a review with the one market question you want us to answer next.Tommy's Premium Subscription: www.agbull.comAgBull Audio and Video LinksApple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.