Dwight Eisenhower said, “In preparing for battle I have always found that plans are useless, but planning is indispensable.” Eisenhower might as well have been talking about ranching. Speaking of planning ... How is your…
My last ProfitTips article focused on the difference between being productive and being profitable and I used gross margin as a measure of profitability of an enterprise. In introducing gross…
North American agriculture could be described in one statement. “Productive but not profitable.” For decades the primary messaging to farmers and ranchers has been to become more productive. You see…
We recently wrapped up our two day Economics Intensive where alumni of the Ranching for Profit School prepared their economic plan for the coming year. For many of us, if…
The first time I watched the movie Moneyball, I about came out of my chair thinking, “This movie is about ranching”. The correlations are strong and the lessons from the…
John Marble, Ranching for Profit alumnus from Oregon is a not only a rancher, but a thinker, (I consider him a ranching philosopher) and a writer. He wrote the following piece for On…
If you’re ranching for profit, there is one way to define “a good cow”. She has a strong gross margin. In much of my writing and speaking it might seem…
Have you ever looked at a group of calves, heifers, cull cows and thought, “Well… maybe we should just keep those?” If you have, you’re not alone. Acting on this…
In managing through the recent drought covering much of cow country, I hear a lot of discussion around questions like: “How many cows ‘can’ we keep?”; “How much hay do…