# Trump Pulls Beef Tariff Order, Cash Cattle Holds $260, Wheat Rips Again | FF&RR 5-14-26

Page: https://stenobird.com/podcast/burnin-daylight-17478/trump-pulls-beef-tariff-order-cash-cattle-holds-260-wheat-rips-again-ff-rr-5-14-26
Text version: https://stenobird.com/podcast/burnin-daylight-17478/trump-pulls-beef-tariff-order-cash-cattle-holds-260-wheat-rips-again-ff-rr-5-14-26.md
Podcast: [Burnin’ Daylight](https://stenobird.com/podcast/burnin-daylight-17478)
Published: 2026-05-15T07:34:00+00:00
Episode link: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/INHIH3934424399.mp3
Audio file: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/INHIH3934424399.mp3
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Duration seconds: 3132

## Resource

The Friggin' Farm & Ranch Report — Thursday, May 14, 2026 Host: Matt McKinley from Yerington, Nevada Cash cattle hold at $260 live in the South while futures stay skeptical. Wheat surges again on WASDE-driven drought concerns. The Fertilizer Institute testifies to Congress on the Hormuz disruption's impact on global fertilizer supply. North Dakota pastureland tops $1,000/acre — a national first in survey data. Beijing's Day 1 readout of the Trump-Xi summit adds geopolitical context to ag markets. We break down what this means for cattle margins, feed costs, and policy risk — with a local lens from Nevada. Stories covered: - Trump delays beef tariff order; market reaction and packer dynamics - Cash cattle at $260; futures skepticism and breakeven math - Wheat & grains rally on WASDE drought pricing - Hormuz disruption and fertilizer (urea/phosphate) price implications - APHIS brucellosis policy update near Yellowstone - Drought Monitor: D3/D4 expansion - ND pastureland tops $1,000/acre nationwide first - Beijing Day 1 readout: Trump-Xi summit - Fallon/Great Basin sale barn records on light calves Chapters: 00:00 Cold open 01:30 Tariffs: Trump delays beef tariff order 04:00 Cattle: cash $260 and futures dynamics 07:30 Wheat & grains: WASDE fallout 10:15 Fertilizer & Hormuz 12:45 Beijing Day 1 readout 15:30 Brucellosis/APHIS update 18:00 Drought Monitor update 20:45 ND pastureland values 23:30 War reel recap 25:30 Beef export read-through 28:15 Fallon/Nevada sale barn color 32:00 Three to watch for Friday 34:00 Close and callouts Got sale barn numbers? Send them in — we'll weave them into Friday's wrap. Learn more about your ad choices. Visit megaphone.fm/adchoices

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