Decision Making Archives - Ranching For Profit

Jul 22

Those Calves are Also Too Expensive

By Jordan Steele Decision Making, Economics & Finance, Production 10 Comments

I am writing this article as a 1-2 punch with my June 2026 article: Those Cows are Too Expensive. This week, let’s look at the calf that she produces. The…

Jul 08

The Wyoming Buckaroo

By Dallas Mount Decision Making, Making a Change, Planning & Management 4 Comments

I can’t remember where it happened, but a while back at a Ranching for Profit School a participant made a comment about “The Parable of the Mexican Fisherman”. Not being…

Jun 24

Those Cows are Too Expensive

By Jordan Steele Decision Making, Economics & Finance, Production 2 Comments

In my opinion, the cattle market is still pretty hot. Depending on what market report you are looking at, it may have flattened out recently, but there is still money…

Jun 10

Do Hard Stuff

By Dallas Mount Decision Making, Labor Effectiveness, Making a Change 2 Comments

Okay … humble brag. I just ran my first ½ marathon and for me it was a really big deal. For the last decade or so I haven’t been on…

May 27

The Flaw in Economics

By Jordan Steele Decision Making, Economics & Finance, Planning & Management 2 Comments

As a trained economist, I always think that we can isolate one variable and analyze how it changes the rest of the system. The Latin phrase ceteris paribus, which translates…

Mar 25

When the Student Becomes the Teacher

By Jordan Steele Communication, Decision Making, Making a Change No Comments

There is always a tipping point in our Ranching for Profit Schools where we can see light bulbs and aha ideas start to show up. We use a teach-to-learn technique…

Feb 11

Gross margin per unit measures the economic efficiency of the enterprise.

Knowing Your Gross Margin Per Unit

By Dallas Mount Decision Making, Economics & Finance, Production One Comment

At Ranching for Profit we teach the Three Secrets for Increasing Profit. Obviously, they aren’t really secrets. But considering the lack of understanding of them by most agricultural businesses, many…

Jan 14

Ranch Work Done Right – Becoming a WITB Ninja

By Dallas Mount Decision Making, Labor Effectiveness, Making a Change 3 Comments

At Ranching for Profit we make a big deal about WITB (working in the business: the day-to-day operational work) and WOTB (working on the business: strategy, planning, and assessment). Most…

Nov 12

Don’t Let Today’s High Prices Create Tomorrow’s Problems

By Dallas Mount Decision Making, Economics & Finance, Planning & Management 3 Comments

Dr. David Kohl, one of the sharpest minds in ag finance, recently made a statement that ought to stop every rancher and farmer in their tracks: “I’m worried about the…

Oct 22

Where Does My Money Go?

By Jordan Steele Decision Making, Economics & Finance, Planning & Management No Comments

October is planning time. I know October is weaning and harvest time for most places, but getting financial planning in mind is critical. Because when the fall work is done,…

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Decision Making

Those Calves are Also Too Expensive

The Wyoming Buckaroo

Those Cows are Too Expensive

Do Hard Stuff

The Flaw in Economics

When the Student Becomes the Teacher

Knowing Your Gross Margin Per Unit

Ranch Work Done Right – Becoming a WITB Ninja

Don’t Let Today’s High Prices Create Tomorrow’s Problems

Where Does My Money Go?

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