Profitability
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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Focusing on adding value regardless of market trends will equal long-term benefits
Even when prices are high, taking the time to add value to the calf crop through simple protocols can pay off and set producers ahead for the future.
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The true asset that drives ranch profitability
You are your most valuable asset. Effective management, not just the cows or forages you produce, determines your success and overall ranch profitability.
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Asking ‘why?’ with system thinking on the ranch
A perspective for problem-solving on the ranch may involve positing uncomfortable questions. What we did to create ranch solutions in the past may have created some problems today.
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Economic importance of cow longevity and depreciation
Cow longevity is directly related to the profitability of an operation. Cows that leave the herd before weaning a fifth calf saddle the remaining cows with extra costs.
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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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The decision to implant cattle lies in how they are marketed
Research suggests that growth-promoting implants are the best option for cattle sold on the live basis. However, if you plan to sell on the grid, non-hormone-treated cattle (NHTC) can return more to your pocketbook.
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