Grant McCormick

Work in Ag, enjoy my customers!!! Wear a Central AB Co-op shirt. BSc-Ag, CCA, 4R certified

[Chris Powers @fortworthchris]

Today I sat down with Jordan Levi, the Kosher Cowboy - a Jewish kid from the Chicago suburbs who became the largest cattle feeder in America.

Jordan runs Five Rivers Cattle Feeding with a capacity of nearly a million head. He started as a runner on the Chicago Board of Trade at 13 and found his way to cattle through a hedge fund that sent him to a feedlot in Amarillo. He showed up in Gucci loafers and never left the industry.

We go deep on how he trades the curve instead of making binary bets, why the cattle supply is the tightest since the 1950s, and what it takes to manage risk on nearly a million animals across 13 feedlots.

I hope you enjoy this episode as much as I did.

02:16 - The Belted Galloway
03:51 - The Kosher Cowboy
08:05 - Pulling value of the futures forward
11:43 - Learning Cattle trading
16:48 - Daily average gain in cattle
18:20 - Jordan’s Eureka moment in the cattle industry
21:08 - What does trading in animals actually look like?
27:05 - How Jordan defines his ROI in trading cattle
31:17 - The Cattle curve
33:37 - The state of the cattle market
42:10 - Buying the largest cattle feeder in the world
46:09 - Grass vs. grain fed cattle
49:15 - Predictions for the cattle supply over the next 10 years
50:54 - The international market
53:17 - Trading frequencies and macro thesis
01:00:27 - USA beef vs. international beef
01:05:21 - The cattle supply chain
01:07:32 - The future of auction yards and ranchers
01:09:40 - AI in AgTech
01:12:52 - The biggest problem facing the industry
01:14:42 - Livestock as a commodity that dies and how that impacts trading theory
01:20:51 - Is there a market for new entrants into cattle?
01:21:41 - Beef prices and the impact of a closed border on the industry
01:24:39 - Jordan’s biggest ideas for the industry
01:26:49 - Philanthropic efforts
01:31:24 - a day in the life of Jordan
01:26:42 - Risk management in cattle
01:41:17 - Does what you do show a leading indicator to the broader health of the American economy?

[Grant McCormick @grantmcc2]

#BS

[MPMichaelMa @MPMichaelMa]

Today, during an exchange with a witness at the Standing Committee on Industry and Technology, I asked questions that inadvertently came across as dismissive of the serious issue of forced labour.

To be clear, my line of questioning referred to auto manufacturing in Shenzhen, China, and not in Xinjiang.

I regret this mistake and apologise to Ms. McCuaig-Johnston and my fellow committee members.

I condemn forced labour, in all its forms. Canada has amongst the most rigorous forced-labour import laws in the world, and I am proud to support the government’s work to eradicate forced labour from supply chains and enforce Canada’s import prohibition.

[Melanie In Saskatchewan @saskatchewan_in]

HEY @MarkJCarney,

Two pilots are dead. Families are grieving.

And your instinct is to police the language of a condolence message.

You send the Air Canada CEO before the Official Languages Committee…
while the Governor General posts the same English-only message and gets a free pass.
Same tragedy.
Same country.
Two completely different rules.

That reputation for a short fuse might play well in closed rooms.
Out here, it reads as something else entirely.
SELECTIVE, PERFORMATIVE OUTRAGE!
Applied when it’s convenient. Ignored when it’s not.

You think this is leadership?
It’s opportunism, plain and simple. Only lowlifes and bottom feeding oxygen sponges would behave like this.

So when can we expect to see your dressing down of @GGCanada???
Either Drag her before committee or leave the Air Canada CEO alone to be in his grief over the loss of valued employees, you sorry excuse for a pressed suit!!

EVERYONE.... SHARE THIS - TAG CARNEY AND THE LIBERALS @liberal_party
#cdnpoli #CarneyIsAnAss

[Robyn Gerrard @RGerrard20]

At our grower meeting this week many of the speakers mentioned the ONLY WAY to combat the uncertainty of the world right now is through open communication with your " farm team" - banker, retail, accountant, fuel guy ect.. we can't help what we don't know about

[Grant McCormick @grantmcc2]

@breannetidemann Fields with Grp 1&2 resistance (in some cases high%) are posing both rotational problems ie.wheat & barley aren’t great options and putting extra pressure on Grp15’s ( triallate & pyroxasulfone). Kinda Suggests a canola/pulse rotation to try and lower populations. Suggestions?

[Breanne Tidemann @breannetidemann]

If you were going to a farm meeting this winter and hearing about wild oat and kochia, what questions would you want answered? Prepping some extensions presentations and figured I may as well go to the source on what information you need/want from people like me!

[Grant McCormick @grantmcc2]

Middle finger FOOD IS FOOD!!!

[Grant McCormick @grantmcc2]

Now do the same thing with India and look after our farmers. FFS!!!!

[Ron Butler @ronmortgageguy]

Carney Does A Trade Deal: Canada Gets Chinese EVs & China Buys Our Canola Again

Canada reduces the 100% Tariff on Chinese Electric Vehicles to 15% & in turn huge Chinese Tariffs on Canola, Peas & Shellfish reduce similarly

A win for Canada?

Let's see what Trump thinks

2/

[Grant McCormick @grantmcc2]

I’ll take one Gelly EV for $4B in Canola and Peas. Pretty good deal to me!!!!

[Ron Butler @ronmortgageguy]

Carney Does A Trade Deal: Canada Gets Chinese EVs & China Buys Our Canola Again

Canada reduces the 100% Tariff on Chinese Electric Vehicles to 15% & in turn huge Chinese Tariffs on Canola, Peas & Shellfish reduce similarly

A win for Canada?

Let's see what Trump thinks

2/

[Grant McCormick @grantmcc2]

@Concern70732755 2

[Grant McCormick @grantmcc2]

Yah, best news I’ve heard in a long time from the #LiberalsMustGo

[Ben Rabidoux @BenRabidoux]

Good riddance! This is the time for the pragmatists, not the eco-extremists who have hamstrung Canada’s economic prospects for far too long—>

Liberal MP Steven Guilbeault resigns from cabinet after Carney, Smith sign energy deal https://t.co/iM8XRpTACk

[Dr. Leslyn Lewis @LeslynLewis]

When we read Bill C-8 and look at what it actually says, it’s clear this bill risks digitally shutting out Canadians who dare to dissent, while giving the Minister sweeping power to decide who gets a voice.

If Canada is to stand as a beacon of freedom, we cannot erode our liberties—or our ability to speak up—in the name of security.

We cannot allow government ministers to usurp the courts and decide who loses their right to speak freely.

[David Jacobs @DrJacobsRad]

If you only read one post of mine this election cycle, please read this one.🧵

/1

[Ivano Defazio 🇨🇦🇮🇹🇺🇸 @DefazioIvano]

These are the 9 MP'S that are compromised with foreign interference....these shites all need to go...Do you think they should all be arrested?

[Bradshaw @myabradshaw78]

Mark Carney praised he got his Security clearance and knows everything that’s going on in his cabinet so what does this mean that he’s keeping these 9 MPs in his cabinet 🤔

[Mario Zelaya @mario4thenorth]

WOW!
This needs to be blown up by everybody in Canada.

This is another massive disaster for Carney!
Are they not doing ANY due diligence?!

[The Pleb 🇨🇦 @truckdriverpleb]

Pierre Poilievre will be the next Prime Minister of Canada

You can't fool my eyes

[Viva Frei @thevivafrei]

It amazes me that so many Canadians are actually too stupid to realize that the Liberals, not Trump, are responsible for the devastation in Canada over the last decade.

And that Mark Carney is not a “new face” to the Liberal Party, but has been an integral part of the destruction for the last five years.

If after everything Canada has been through over the last decade, you still vote Liberal, you are truly as stupid as the Liberals think you are.

[Larry Brock @LarryBrockMP]

Mark Carney dodges a simple question: Where do you pay your taxes?

The answer should’ve been Canada. It wasn’t.

Canadians deserve transparency. Time for Carney to come clean.

[Peter Berfelo @RoscoeSchmeille]

@cbcwatcher No integrity, pure power-hungry technocrat.