Business Management
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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Deep Creek Cattle Company - Raising quality Idaho beef direct to consumers
Deep Creek Cattle Company prides itself on offering premium cuts of Idaho beef directly to consumers or delivered straight to their front doors.
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Key considerations before starting a direct beef sales business
Many cattle producers are interested in trying a different marketing strategy; however, it isn’t always that simple. Producers need to consider their goals and how they will measure success.
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Hunting as a profit opportunity
Adding a hunting enterprise to one Montana ranch proves to be a good diversification strategy. Producers considering adding hunting to their business should consider their time, the importance of hospitality and their state’s regulations.
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Avoiding pitfalls: Top 5 mistakes new cattle producers make
Business planning and financial awareness are integral for those starting a beef operation, as well as those inheriting one. Profitability is achievable with a good network and sustainable business strategies.
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3 leadership responsibilities in busy times
Working in agriculture comes with a lot of busy times. As a leader, it is important you don’t forget that leadership is your top priority.
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