5V, a partnership between Five Rivers Cattle Feeding and Viserion Grain, has opened a shuttle train grain receiving facility in Dalhart, Texas, connected to the Union Pacific rail network. The facility expands the Texas Panhandle's capacity to receive grain from major producing regions, addressing the area's growing feed ingredient deficit and providing cattle feeders with reliable access to grain supplies.
- 5V completed a shuttle train grain receiver facility in Dalhart, Texas, connected to Union Pacific's rail network
- The facility addresses the Texas Panhandle's expanding feed ingredient deficit by enabling direct grain shipments from producing regions
- Five Rivers Cattle Feeding operates 13 feedyards across six states with capacity for over 900,000 head of cattle
- The partnership combines Five Rivers' regional cattle feeding presence with Viserion Grain's logistics and grain sourcing expertise
- Project timeline: announced March 2025, groundbreaking June 2025, operations scheduled for 2026
5V, a partnership between Five Rivers Cattle Feeding and Viserion Grain, has completed a shuttle train receiving facility in Dalhart, Texas, giving cattle feeders in the Texas Panhandle a rail link to grain from producing regions.
The partners marked the completion with a ribbon-cutting ceremony in Dalhart, the companies announced Tuesday. The facility is connected to the Union Pacific rail network and expands the region's capacity to receive grain shipped in from growing areas, according to the release. The companies did not disclose the project's cost, storage capacity or receiving rate.
"This facility is an investment in the feed supply our cattle feeding operations depend on every day," said Mike Thoren, president and CEO of Five Rivers Cattle Feeding. "The ability to receive grain by shuttle train gives us another important resource for meeting those needs over the long term."
How the partnership works
The project pairs a cattle feeder with a grain merchant. Five Rivers supplies the local demand, while Viserion Grain handles origination, merchandising, transportation and storage to source grain and deliver it to the site, according to the companies.
Thomas Stillman, director of North American grain operations at Viserion Grain, said the arrangement combines Five Rivers' regional presence with Viserion's logistics capabilities.
"From the beginning, this project has been about bringing together the strengths of two organizations," Stillman said. The aim, he said, is "to efficiently move grain from where it's grown to where it's needed."
Five Rivers, which describes itself as the world's largest cattle feeding company, operates 13 feedyards in Colorado, Kansas, Oklahoma, Texas, Arizona and Idaho. The company has a one-time feeding capacity of more than 900,000 head and markets more than 1.8 million head of cattle a year.
Viserion Grain is a subsidiary of Viserion International Holdco, a global agricultural merchant based in Boulder, Colorado. Both Five Rivers and Viserion Grain are backed by funds managed by Pinnacle Asset Management, a New York-based alternative asset manager focused on commodities markets with more than $6 billion under management.
Why rail matters for Panhandle feed
The Texas Panhandle is a major hub for cattle feeding, dairy production and grain merchandising, according to the partners' original announcement in March 2025. Thoren said at the time that the region's deficit for feed ingredients was expanding.
That makes inbound logistics the pressure point. A shuttle receiver is built to unload full unit trains of grain at one time, letting a feeder draw corn and other feed grains from producing areas well outside the local trucking radius.
"Reliable rail service helps connect grain-producing regions with the businesses that depend on them," said Ryan Raess, general director of grain at Union Pacific Railroad.
Pinnacle executives framed the project as a regional supply investment. Jason Kellman, the firm's chief investment officer, said the partnership "has a meaningful impact on the region's feed supply," while managing partner Scott Kellman described the facility as "needed infrastructure" for the Panhandle's agricultural supply chain.
From announcement to completion
The partners announced the project in March 2025 and broke ground in June 2025, with operations scheduled to begin in 2026. The site sits near the intersection of Spur 24 and U.S. Highway 54, a few miles east of Dalhart, along the Union Pacific line.
The ribbon-cutting ceremony recognized project partners, construction teams, local officials and community supporters, according to the release.
"Agriculture is central to our community, and this investment adds to the infrastructure that supports it," said Kristy Detwiler, president of the Dalhart Area Chamber of Commerce.
The companies have not said when the first shuttle trains will be unloaded at the site or how much grain the facility is expected to handle each year.
