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…
Read More
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…
Read More
Someone called me asking if I was available to do some consulting. I explained that even though our name is Ranch Management Consultants, we actually do very little consulting. After…
Read More
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…
Read More
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…
Read More
Rotational grazing doesn’t work. It doesn’t work for at least two reasons. One reason it doesn’t work is that, rather than rotationally graze, most people rotationally overgraze. They get overstocking…
Read More
You might be ranching for profit if your spouse doesn’t have to work in town so you can have health insurance. If you are making a profit you ought to…
Read More
I received the following email from a young rancher last week: Dave, I am a young rancher and have grown my herd to over 100 cows over the last four…
Read More
Wally Olson is a rancher from Vinita, Oklahoma. He has a profitable cattle trading enterprise based on the Sell/Buy marketing principles popularized by Bud Williams. At the foundation of Wally’s…
Read More
I just read an article written by an ag economist on the value of bred heifers. He wrote that a crossbred heifer producing 9 consecutive calves in her lifetime is…
Read More
