Business Management
Drought can compromise forage production and put a cattle operation at risk. PRF insurance is one strategy designed to protect producers in those instances.
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How to top the sale: Blending marketing and risk management strategies
Selling on the market can be risky for cow-calf producers. It is important producers understand what risk they are trying to manage, and what tools and strategies are available to them.
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Culling decisions and marketing cull cows
A lot of producers may not give much thought to the value of cull cows, but they can represent a sizable chunk of a cow-calf operation’s revenue. Careful consideration should be made as to how they are marketed.
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Hide color: Does it really matter?
Hide color continues to play an important role in the market price of cattle, as it has for many years. In the end, the market is based on what consumers want, and what they are willing to pay for it.
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Cost of gain vs. cost per ton
When profit margins get tight, slashing feed costs is often a producer’s first instinct. But that may ultimately end up costing more than an investment in quality feed.
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Same song, different verse: An update on air emission regulations
Environmental groups continue to advocate for regulation on emissions from production agriculture. Two recent developments show just how serious these issues are.
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What is Livestock Risk Protection?
Livestock Risk Protection is an insurance product designed to protect against a decline in beef prices. While LRP has been around for a while, some things have changed, and those changes are proving advantageous for beef producers.
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Strategies for effective behavior modification
If employees aren’t meeting expectations, it is the manager's job to make sure the individual has had adequate training and to address any negative attitudes attributing to poor performance. Change is possible with time and patience.
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Do savings always equate to profitability?
With high input costs, some producers may be looking for ways to cut feed expenses. However, this decision can sometimes decrease income by negatively affecting health or animal performance.
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The horse market explosion
The ranch horse market is exploding in population and prices paid by buyers. Cattle operations can sell horses as additional income, but it takes skill sets such as managerial accounting and marketing to be successful.
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