Headline: Drovers, 8/28/2026
Tyne Morgan reports:
The Post That Moved the Market
The Truth Social post came Friday, Aug. 21. President Trump announced a decision to pause higher tariffs on ground beef imports for 90 days, allowing up to 300,000 metric tons of ground beef into the U.S. out-of-quota and tariff-free.
[Jim] Hertzog [owner of Mo-Kan Livestock Market] says when he initially saw that post, his first reaction was disbelief. “Typical Trump. I couldn’t believe it,” Hertzog says.
“This is the third time that he’s attacked the cattlemen with three major tweets, and this one seems to be more devastating than any of the others. The board has crashed. I mean, the August feeder board is down almost $40 now, which is several dollars per head.” [emphasis added]
Yet another pile of evidence that everything that Trump touches turns to shit.
Related posts:
September 2026
July-August 2026
Donald Trump learns a lesson in how to lose friends and antagonize people (beef imports edition). (8/27)
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