USDA Feb. 1 Cattle on Feed Report
Friday, February 20, 2026 2:44PM CST
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.5 million head on Feb. 1, 2026. The inventory was 2% below Feb. 1, 2025, USDA NASS reported on Friday.
Supreme Court Rejects Trump Tariffs
Friday, February 20, 2026 1:26PM CST
President Donald Trump on Friday lashed out after the Supreme Court handed down a 6-3 decision against using an emergency trade act. Trump doubled down on his push for tariffs, saying he would invoke more tariffs under a different law. Trump also suggested the ruling gives him more authority to restrict or ban imports.
FBA Signup Details Released
Friday, February 20, 2026 9:25AM CST
Agriculture Secretary Brooke Rollins announced the ad-hoc FBA program will open enrollment from Feb. 23 to April 17. The program has specific payment rates for farmers and payments are capped at $155,000 per individual or entity.
Wildfires Burn More Than 300K Acres
Thursday, February 19, 2026 5:23PM CST
Wildfires fueled by high winds and drought have burned over 300,000 acres across multiple states. Oklahoma and Kansas governors declared states of emergency as homes, cattle, and farmland were destroyed.