Market Talk
Market Talk
Jesse Allen
Friday, August 21st, 2026- Scott Varilek, Senator Mike Rounds and Kyle Bumsted
39 minutes Posted Aug 22, 2026 at 12:13 am.
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President Trump's Truth Social announcement allowing up to 300,000 metric tons of product for ground beef to be imported tariff-free over the next 90 days sent cattle futures sharply lower Friday morning. We dive into this news and the impact on the markets with Scott Varilek from Kooima Kooima Varilek in Segment Two followed by reaction and a conversation with Senator Mike Rounds (R-SD) in Segment Three.

We also get a recap of the latest Cattle on Feed Report from Kyle Bumsted with Allendale in Segment Four. And, we get it all started with a bit of our conversation recapping this week's crop tour with Ted Seifried from Zaner Ag Hedge in Segment One. Watch that full interview here: https://youtu.be/wcvv42g83N8