Profitability
With high cattle prices, you may be wondering what you should do. Continue reading to get advice on whether you should cull, maintain or expand this fall.
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Supporting ranch sustainability
A stool with three legs is an effective illustration of sustainability; the legs represent the three most common sustainability pillars – environmental, social and economic. Viability of the stool depends on support and involvement of all three legs.
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Cattler app improves efficiency for producers
Ranchers always look for ways to save time so they can efficiently run their cattle operations. The Cattler mobile app and desktop software platform benefits beef producers and their cattle with a variety of programs.
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Reduce financial risk when buying replacement heifers
To reduce exposure to risk, a rancher must consider replacing heifers without causing financial stress to the operation. Accurate recordkeeping, understanding the impact of higher interest rates and knowing the income streams your ranch can provide are critical.
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Will record-high prices = record-high profitability?
As cattle prices rise due to drought, low cattle numbers and other factors, the hope that profitability will come with it skyrockets. However, many factors play into profitability, not just the price of cattle.
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3 ways producers can stay grounded when profit is up
Cattle producers should take full advantage of the current market upswing as record profits in the industry are projected for the next several years. Below are three ways producers can take advantage of the current market cycle while preparing for long-term success.
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Why and how to simplify calculating winter cow costs
Understanding and controlling costs is a vital component of ranch profitability. Make this the year you put pen to paper. Or should we say, finger to iPad.
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Waiting for ships to come in: Rethinking ranch profitability
Producers who simply hope for profitability, rather than demand and plan for it, are missing opportunities as managers.
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What cattle producers should prioritize in an inflationary market
Inflation and interest rate increases are raising expenses and requiring producers to obtain more credit. To safeguard their finances, producers should use suitable loan terms, mitigate price risk and assess their risk tolerance.
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