Justin Gleghorn

Justin Gleghorn has been involved in the cattle industry his entire life, from helping his family’s cattle operation and steak house in Dimmitt, Texas, to his current work with Brock Thompson Trading. He received his B.S. in Animal Science from Texas A&M University in 1997, his M.S. from Kansas State University in 2000 and his Ph.D. from Texas Tech University in 2003.

Latest Stories
While last week’s drop in corn price provided an opportunity to lock in feed needs, that volatility makes planning difficult.
The old rule of thumb that feeder prices trade inversely to corn price does not necessarily hold true in today’s markets.
Weaker grain and stronger fed prices mean some classes of cattle show profit potential that can be locked in now.
But drought conditions in some regions are dampening demand for stocker weight cattle.
Cattle feeding margins continue to deteriorate in the near term.
Last week’s corn price decline helped bring down break-evens for cattle feeders, but feeder prices remain strong.
While the decline catches many off guard, a continued rally in corn prices keeps feeder breakevens in the red.
Price volatility in the corn, fed and feeder cattle markets can provide opportunity to manage risk exposure.
Price activity was beneficial for those in the feeder cattle market, but for cattle feeders the dilemma of placing cattle below breakeven continues.
Live cattle prices and input costs are starting to take their toll on feeder cattle.