Episode
Plains Burn, Cattle Break Out & Oil Slams 100 | Friggin’ Farm & Ranch Report (4/28/26)
- Podcast
- Burnin’ Daylight
- Published
- Apr 28, 2026
- Duration seconds
- 2951
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Summary
The Plains are on fire, cattle are ripping, and diesel’s lock is starting to crack. On this Friggin’ Farm & Ranch Report for Tuesday, April 28, 2026, we start with over 1 million acres burned across Nebraska, Kansas and Oklahoma, Nebraska alone pushing 800,000 acres with the Morrill Fire at 643,000 — the biggest single recorded wildfire in modern state history. June live cattle futures close at 253.15, up 4.20, blowing past the 246 breakout level, boxed beef flips back to a 0.96 Choice‑over‑Select spread, and WTI shoves through 100 while diesel hangs around 5.46. We hit: – Markets: live and feeder cattle, record 248.38 cash, lean hogs, corn, beans, Chicago and KC wheat, metals and rates – Cattle & beef: boxed beef inversion ending, placements second‑lowest March since ’96, cow herd at 75‑year lows, packer leverage and DOJ probe – Sale barns & horses: Lone Star Stockyards run, OKC West calf trade, San Angelo, screaming replacement females, Superior & Western Video, NCHA Super Stakes, Billings Livestock, Heritage Place, and a 1.5‑million‑dollar Houston steer – Inputs: WTI 100.45, Brent 110.68, diesel “lock” window, Hormuz war‑risk insurance and what that means for your fuel and fertilizer bill – War Reel: Day 60 of the U.S.–Israeli war on Iran, tanker seizures, Iron Dome to the UAE, UAE leaving OPEC and the downstream hit to ag – Rural Americana: UnitedHealthcare’s rural prior‑auth reversal, ReConnect broadband money restored, Plains fire fallout, Colorado River drought, SDRP deadline – Policy/Macro: Farm Bill H.R. 7567 hung up over pesticide preemption and E15, Monsanto v. Durnell at SCOTUS, HPAI in dairy, screwworm program, Trump–Xi ag summit, FY27 ag appropriations – Reading the Herd: how the calls on cattle breakout, boxed beef flip and diesel lock did, plus a quick…