I read this article when it first came out, and haven’t been able to read it again since. I remember so many of the haunting passages, still. It’s heart wrenching, and extraordinary.
May the stories of those lost in the floods live on through words of storytellers left behind.
Texas Monthly senior editor Aaron Parsley has been awarded the @PulitzerPrizes for feature writing, for his heartrending, first-person account of his family’s fight for survival during last year’s devastating Central Texas floods. https://t.co/11ozulEy3A
Jordan is a brilliant mind and an even better person.
We are fortunate he entrusts us with the Beef Sticks for Backpacks program and that he's committed to sharing knowledge and insight with the next generation of industry leaders.
Grateful to call him a friend and colleague.
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?
NPPC applauds bipartisan bills in the House and Senate to fund key USDA programs that help prevent, prepare for, and respond to foreign animal diseases like ASF and foot-and-mouth. These programs are vital to keeping U.S. pork safe, secure, affordable, and producers resilient.
@chrisvanderveen As a faculty member, thank you for amplifying this. All Coloradans (all of society) benefit from research & investment into universities. The research can’t, won’t, and shouldn’t be performed by companies. What happens at universities is impactful & transformational.
Career Advice | What a Dean Needs
Deans are integral to true academic transformation. Here are some ways we can better support them, Rob Kramer writes. https://t.co/tn3VnGfVGv
Harvard has set an example for other higher-ed institutions – rejecting an unlawful and ham-handed attempt to stifle academic freedom, while taking concrete steps to make sure all students at Harvard can benefit from an environment of intellectual inquiry, rigorous debate and mutual respect. Let’s hope other institutions follow suit.