Tag 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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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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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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Is Ranching An Art Or A Science? Or Both?

By Burke Teichert in Strategic Planning For The Ranch Observation is important It’s an art to know ‘what, how, when and how much’ when managing a biological system for long-term productivity and sustainability. When I am engaged in managerial thought and decision-making, I often … Continue reading

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The Family Business or Businesses?

by Dave Pratt via Ranching for Profit Blog Many of us hope and fear that the next generation will want to be part of the family business. We hope because we feel validated that we must have done something right … Continue reading

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Prepare for the unpredictable

Keep it simple, advises Shane Gibson by Debbie Furber via Canadian Cattlemen If anyone had predicted 20 years ago that Shane Gibson would someday run cattle as part of his farm operation, he would have said, “wrong.” As circumstances had it, he … Continue reading

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Managing for Prosperity—A Different Mindset?

Be very careful with how you interpret the title to this article. It is a very good way to get yourself into serious trouble and all of history bears that out. Good times or bad, ALWAYS PLAN PESSIMESTICALLY. Then, if … Continue reading

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U.S. Cattle Herd Is At A 61 Year Low And Organic Food Shortages Are Being Reported All Over America

Invariably, anytime two ranchers get together the conversation will eventually turn to the weather or cattle prices (probably both). They generally arrive at the conclusion, “Oh well, we have no control over either of them. WRONG! I have to admit … Continue reading

Posted in Business planning, Food and Fiber Issues, Managed Grazing, Managing the Ranch as a Business, Planned Grazing, Ranch business planning, Ranch Economics, Resources, Environment and Austrian Economics, Restoriation Grazing | Tagged , , , , | 2 Comments