Business Management
Hedging may not be applicable for every operation but implementing a hedging mentality is. Producers can find long-term success by identifying risks and brainstorming options to counterposition those points of concern.
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Manageable steps to make progress with succession planning this year
Succession planning is a marathon – not a sprint. Families should identify their goals, create a plan and establish a tempo that works for them in order to sustain the momentum needed to reach the finish line.
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Farming out the financials
When a farm or ranch grows, it can be difficult to keep up with the financial management areas of the business. In such cases, it may be wise to outsource at least some of the financial and accounting tasks.
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Right to Farm updates: Important protections for agriculture
Many rural areas are seeing rapid growth, meaning new neighbors without a connection to agriculture. The Right to Farm statutes protect existing operations against nuisance lawsuits, and some states have made updates to strengthen these protections.
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Doing your homework to make bull buying easy
Few decisions have as big an impact on your operation as which bull to purchase. Given due attention to detail beforehand, that choice can pay both short- and long-term dividends.
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The challenges and rewards of creating a USDA slaughterhouse
Creating a local or on-farm processing facility may seem out of reach, but some producers are finding success despite challenges such as capital investment, regulations and negative views from the public.
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Controlling cow replacement costs
When trying to control the cost of replacement females, we often think only about how cheaply we can develop heifers. But the cost we should be focused on controlling in a cow-calf enterprise is really cow depreciation.
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Efficiency in growing and finishing beef cattle
Every producer is looking for the next edge in efficiency. But are the formulas the industry has relied on for so long the best math for every operation?
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Preventing data losses on your operation
There is significant value in keeping ranch records, and losing critical information can be devastating. It is important producers have a routine for backing up information and are diligent in doing so.
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