money Archives - Ranching For Profit

Jul 08

The Wyoming Buckaroo

By Dallas Mount Decision Making, Making a Change, Planning & Management 3 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…

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…

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,…

Jul 09

Downside of Paying off Debt

By Dallas Mount Decision Making, Economics & Finance, Planning & Management 2 Comments

Like most of you reading this, I appreciate not having a lender breathing down my neck. I have never enjoyed the stress of carrying a mountain of debt. However, blindly…

Oct 12

Uses for Profit

By Dallas Mount Decision Making, Economics & Finance, Planning & Management 2 Comments

When we talk about uses for profit some people roll their eyes. “Profit - yeah right! Like that ever happens in agriculture.” The reality is that most ag operations are…

Aug 10

Productive But Not Profitable

By Dallas Mount Economics & Finance, Planning & Management, Production 2 Comments

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…

Jun 26

Managing For What You Want

By Dave Pratt Decision Making, Labor Effectiveness, Planning & Management 11 Comments

In Cash Flow Quadrant, Robert Kiyosaki explains that there are four ways to make money. You can be an employee (E), working for someone else for a salary. Alternatively, you…

Dec 12

4 Reasons Why Increasing Weaning Weights May Not Increase Profit

By Dave Pratt Ecology & Grazing, Labor Effectiveness, Production 4 Comments

I gotta stop reading this stuff. A recent article in a self-proclaimed “progressive” magazine claimed that July deworming was an often-overlooked opportunity to increase weaning weight and therefore profit. …

Nov 28

If Someone Is Doing It, It’s Possible

By Dave Pratt Decision Making, Making a Change, Planning & Management 2 Comments

I often hear people joke, “Ranching for profit? That’s an oxymoron.” I get frustrated hearing it, but I don’t blame anyone for thinking it. There is a lot of evidence…

money

The Wyoming Buckaroo

The Flaw in Economics

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

Where Does My Money Go?

Downside of Paying off Debt

Uses for Profit

Productive But Not Profitable

Managing For What You Want

4 Reasons Why Increasing Weaning Weights May Not Increase Profit

If Someone Is Doing It, It’s Possible

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