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 traded $3.50/cwt higher this week while beef exports remain strong and continue to support a bullish cattle market.
Global macroeconomic factors weigh heavily on cattle feeders’ bullishness, while the short cattle supply is not forgotten by bears.
But projected breakevens for live cattle do not appear favorable.
The cattle feeder’s cost of gain will increase approximately $0.04/lb from corn basis alone.
Improving weather conditions allowed sizable feeder cattle movement to resume.
Hedging in a break-even remains elusive, so cattle feeders are using strategies to leave upside potential open.