Burnin’ Daylight

$30 Million to Take Out Massie. 425 Beef Plants Into China. Make It Make Sense. — 5/20/26

1 h 7 min · 21. mai 2026
episode $30 Million to Take Out Massie. 425 Beef Plants Into China. Make It Make Sense. — 5/20/26 cover

Beskrivelse

The cattle trade story of the year dropped this week and almost nobody connected the dots. China's GACC renewed 5-year licenses for 425 U.S. beef packing establishments — straight out of the Trump-Xi summit in Beijing. USMEF CEO Dan Halstrom called it "what we've been waiting for almost a year." Meanwhile, the same Washington that spent $30 million to primary Thomas Massie — the only guy in Congress who consistently pushed back on farm policy sellouts — is now celebrating a China beef deal that China can turn off whenever it wants. We'll unpack both. Today's show covers: * China GACC: 425 U.S. plant licenses renewed + 77 new registrations. What it means, what it doesn't, and why Argentina's peso devaluation changes the math * Big 4 packer antitrust update — DOJ/FTC review context * Cash cattle confirmed today: $263.90/cwt live, $410.00/cwt dressed — 3,074 head thin test on a soft board * Corn reverses 11.5¢ · Boxed beef Choice $395.75 · HRW wheat at 17% good-to-excellent — worst since 2012 * Diesel $5.60/gal (EIA wk ending 5/19) · Brent $110 · DAP $682/ton · Urea $549/ton * War Reel: Ukraine hits Russian oil refineries 1,600 km inside Russia — Yaroslavl, Tuapse, Samara — and the direct line to your fuel and fertilizer bill * Farm Bill: House passed HR 7567 April 30 (224-200), Senate markup imminent — Boozman targeting late May * Brucellosis zone comment window OPEN NOW for MT/WY/ID Yellowstone interface producers * On This Day: Homestead Act signed (1862) · Levi's born in a Reno tailor shop (1873) · Hamburger Hill — 72 KIA, abandoned 3 weeks later (1969) Burnin' Daylight is the farm and ranch market report for working producers — no hedge-fund voice, no filler, every number sourced before it goes on air. 🟡 Subscribe on Substack (ad-free + full show notes + dashboard): https://burningdaylight.substack.com [https://burningdaylight.substack.com/] Find us everywhere podcasts live. New episodes every weekday. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

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Solo Thursday BD Baseball — Jake’s out, I’m running the full slate east‑to‑west, then shutting it down to read about New World screwworm instead of doing the farm and ranch report. We hit every game on the board: Marlins–Nats ruining my over, Tigers absolutely cooking the Rays at the Trop behind Troy Melton’s best start yet and Dillon Dingler’s third homer and ninth RBI of the series, and the White Sox offense dragging the Twins through the mud while Sam Antonacci reaches six times. From there it’s Mets ending Seattle’s eight‑game heater, Braves winning their 12th straight on two‑out bombs, Giants–Brewers playing a 1–0 game decided by a rookie’s first homer, Royals–Reds drama, Yankees–Guardians, and an Astros–Pirates game where Houston explodes late and Josh Hader finally closes one for them. In the homer block, the A’s pull a 10‑inning win at Wrigley on a Nick Kurtz RBI and a Colby Thomas rocket off the bench, Rockies get exposed by the Angels as Vaughn Grissom and friends hang 11, and then we zoom out: Cristopher Sánchez’s scoreless streak ends at 50 2/3 but he sets the all‑time lefty record, and Shohei Ohtani throws six scoreless while reaching base five times in a 7–0 Dodgers win. We close with today’s probables — Wheeler, Rodón, Chris Sale, Seth Lugo, JT Ginn, Robleski and more — plus a quick reminder that if you think Ohtani isn’t MVP, I don’t know what you’re watching. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

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