Board Gets Smoked, Barns Didn’t Blink – Friggin’ Farm & Ranch Report 6‑1‑26

On this Friggin’ Farm & Ranch Report for Monday, June 1, 2026, I walk through a day where the board got its teeth kicked in and the barn didn’t blink. June live cattle closed around 240, down over 11 bucks on the day, while the 5‑area cash trade is still printing in the mid‑250s, leaving roughly a $16 gap between paper and real cattle headed to a real kill plant. We talk placements, 11.6 million…