Episode Details
Back to Episodes
Diesel's Eating Your Raise
Description
Markets are frisky, diesel's a bandit, and DC is still DC. Today's Friggin' Farm & Ranch Report for March 24, 2026 walks through: live cattle in the mid-230s, feeders pushing the upper half of their recent range, and corn sagging with national cash around 4.18.
USDA's February slaughter report still shows cattle slaughter down about 7% and beef production down around 4% year-over-year, with heavier carcass weights trying to close the gap. Boxed beef has Choice around 400 and Select just under 393.
The real squeeze is fuel: U.S. on-highway diesel is sitting a little above $5.00 a gallon, roughly a dollar over EIA's full-year forecast, and up about 4% week-over-week, which quietly rewrites every freight, hay, fertilizer, and feedyard bill in your budget.
Also in this episode:
- Freedom Framework scoreboard on market distortion and regulatory drag
- Underreported story: how diesel is quietly running every ranch in America
- On This Day - March 24: Koch discovers the TB bug (1882), the Exxon Valdez spill (1989), NATO's Kosovo air campaign (1999), and National Ag Day 2026 with the theme "Together We Grow"
Learn more about your ad choices. Visit megaphone.fm/adchoices