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
Live cattle prices are not keeping pace with input costs and until that changes, the opportunities to lock in profits become less.
No improvement for breakevens on cattle entering the feedyard last week.
Until weakness in the live cattle trade or boxed beef price is apparent, the healthy feeder market should continue.
High corn and ration prices are forcing cattle feeders to be extremely selective in their purchases.
Breakeven projections show cattle feeders are only able to lock in negative margins right now.
Breakeven estimates did not change dramatically from previous estimates as weather remains a problem for early February placements.
The margin is still negative for cattle being placed on feed.
Cattle feeders are beginning to show less appetite for purchasing feeder cattle at current prices.
See where projected breakevens fall for recently purchased feeder cattle .
But hedging breakevens in fat cattle getting difficult given the current price of feeders and grain.