ATR: Old Cows, USDA wrong again (about corn stocks) and AFBF backs off (for now) with @jarluh

About this episode

@jarluh co-hosts an episode built around three threads: a continuing storyline of USDA corn-stock reporting errors undermining farmer confidence in official market data (echoing similar criticism in surrounding episodes), the American Farm Bureau Federation temporarily backing off a public conflict — with Vance and the guest treating the retreat skeptically as tactical rather than a genuine resolution — and an "old cows" discussion of aging beef herds and culling economics amid tight cattle supplies. The guest previews next week's ATR co-host, Joe Valla, continuing the show's forward-teasing pattern seen elsewhere in the run. The AFBF thread is notable as an early marker in what becomes an ongoing "Farm Bureau Fight Continues" storyline explicitly named in ep408's title the following week.

Key moments

• Continued USDA corn-stock data-reliability criticism.
• AFBF's tactical, likely temporary retreat from a public policy conflict.
• Aging cow herd culling economics amid tight beef supply.