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…
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,…
David came home to the ranch sooner than he anticipated. He was working at a different operation in another state when his dad got hurt badly in a ranch accident.…
I know many of you want to build and lead a great business. I get to hear many amazing visions describing the businesses you want to build, grow, or carry…
During the Ranching for Profit School, we focus on the economics of the “operating business” and not the “land investment.” The operating business must rent the land at fair market…
A couple of weeks ago, I received a nice note from an alumnus of the Ranching for Profit School. He tracks his net worth annually by looking at his balance…
Somewhere along the line Ranching for Profit has gotten a reputation for being the “sell your cows school”. I want to push back against that. I hope that Ranching for…
Congratulations! You’ve just come through record cattle prices, you took Dallas’ last ProfitTips to heart, and now you’re sitting on a pile of money and wondering “what now?” There are…
We’ve always heard that having options is a good thing. Having options gives us the freedom to choose what is best for us. However, having too many options can feel chaotic and…
I just finished my first round of Executive Link meetings. In addition to being a facilitator I also presented the continuing education session where we dug deep into economics, finance, and…