
Kelvin Helmholtz
4.2K posts









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?


Thomas Massie is sounding the alarm. Congress is on the brink of passing a liability shield for pesticide companies, like Bayer, who give Americans cancer. Bayer is a foreign company, but Congress wants to give them total immunity to mass poison Americans with glyphosate. “This is not to grant farmers’ immunity.” “This is to grant the corporations immunity.” “If farmers contract a form of cancer or non-Hodgson’s lymphoma from this chemical, if this makes it into the Farm Bill, you won’t be able to sue for that.” This liability shield would be a complete betrayal of the MAHA movement. But House Republicans are on the brink of passing it anyway, and President Trump is urging them to do it. There is still time to fight back. We need all hands on deck to stop this. Here’s how you can take action: Use the link below for a step-by-step guide to urge Congress to remove Sections 10205, 10206, 10207 and portions of 10201 from the Farm Bill in order to preserve Americans’ right to sue pesticide companies when their products poison us:🧵 @RepThomasMassie





NEW - U.S. Vice President Vance on UFOs: "I don't think they're aliens, I think they're demons."








The US may to be descending into a drought like the 1930's Dust Bowl droughtmonitor.unl.edu/CurrentMap/Sta…



What’s stopping them from expanding outside a narrow coastal elite bubble?















