Income - costs = profit, right? The answer is “sort of.” It’s a little more complicated than that because we need to adjust for inventory changes, consider non-cash costs like…
Some people think that records are THE key to managerial success. Not me. I think most records are a waste of time. Records give us data. We need information. It…
The risk of wildfire has always been a normal part of ranching. But today we are faced with a new normal that includes the increased risk of catastrophic wildfire. The…
Nature has a strict culling policy. If bulls and bucks don’t breed, or if does and cows don’t wean fawns and calves, their genes aren’t passed on. Survival of the…
The biggest mistake people make in grazing management is providing too short a recovery period for plants after grazing. Of course too much rest isn’t good either. In drier environments…
A lot of people tell me that they want to be “debt free.” They are tired of making big interest payments on land, livestock, machinery and their operating note. They…
Letting government programs dictate your management and set priorities can be costly. The most obvious example is probably the emergency feed program. In drought impacted areas, this program incentivizes ranchers…
For decades we’ve been encouraged to evaluate the efficiency of production by focusing on weight weaned per cow. Now some are arguing that the critical measure should really be pounds…
How is the next generation ever supposed to step up if the current generation can’t step down or at least step aside? The short answer is they can’t. It’s one…