Category Archives: Ranch business planning

Poll shows less than half of BEEF readers have a succession plan

by Amanda Radke in BEEF Daily   This week’s poll on beefmagazine.com asks, “Do you have a succession plan in place?” With an estimated 400 million acres to change hands in the next 20 years, having a plan for your … Continue reading

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Burke Teichert shares the secrets of a profitable cow

Ranches should have been profitable for much of the last 10 years. Coming soon (later today, hopefully): An email exchange wish Alyssa Wagner that will shed more light on the primary determinant of profitability of the cow-calf operation.–jtl by Burke … Continue reading

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Here’s what separates the empire builders from the rest

Those who start at the bottom and reach the very top of the cattle business do things differently. Pay attention boys and girls. Get big. Get efficient. Or get out. — Sam Little. Or as as Stan Parsons put it, … Continue reading

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Crunch the numbers before you buy those heifers

  And you had best have a top of the line direct cost accounting system. — jtl, 419 By Heather Maude via Beef Magazine Carefully analyze the cost of buying, selling and retaining replacement heifers.  “The days of developing heifers … Continue reading

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Why Do I Own A Cow?

The only cow that will ever be on any place I might own or manage will be the one the bitter half (aka Sally) milks in the morning. We run stockers and the model is pretty simple. We take a … Continue reading

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3 business tips for the ranching enterprise

Looking to tighten up your budget and expand new marketing opportunities? Check out these three business tips from industry experts. How about quitting the use of force on the land with strong armed, high energy consumptive, agronomic methods and adapting … Continue reading

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Thinking of leasing bulls? 17 things to consider when writing the lease

Thinking of leasing some bulls? Check out this list of things to consider for your bull lease agreement. By Cari Rincker via Beef Magazine Bulls are expensive to buy and they’re expensive to keep. They work three months of the … Continue reading

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Wise investments during good times in the cattle business

Weigh the alternatives using ROI I do not necessarily endorse any of these suggestions. But some of them just might work for you depending on your situation. Now to the criticisms. Using the Return on Investment (ROI) technique is fine … Continue reading

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When Pigs Fly

 (When hay is less expensive than pasture) One of the most important competencies of a good ranch manager is the skill to produce comparative budgets (Alternative A vs Alternative B). Such a budgeting process should be done each and every … Continue reading

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Can ranching be sustainable without profits? Burke Teichert says no

 In some people’s minds, profit is a dirty word. And sustainability is nirvana. But ranches can’t be sustainable without being profitable. Well duh! But it is true that “profit” is a dirty word amongst our our enemies in the culture … Continue reading

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