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Articles Tagged with ''profit''

The business of agriculture: Are you the CEO?

Farming demands both technical and financial skills; Canadian dairy producers excel in production but often lack financial knowledge, highlighting the need for better management training and adviser collaboration for success.
July 8, 2024
Chris Church

The average farm size in Canada is now 100 cows. Many companies of this size would have a team of executives to run the company – someone for finance, another for human resources and operations, and a chief executive officer (CEO) who oversees the whole operation.


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How much do equipment breakdowns really cost farmers?

Equipment breakdowns cost farmers more than repair expenses, leading to delays, lost income and increased labor costs. Proper maintenance, operator training and insurance can mitigate these impacts.
June 19, 2024
Brett Wilder

The true cost of equipment breakdowns is often far higher than the dollars spent on parts to get up and running again. And regardless of why equipment breaks down, downtime adds additional costs to your operation.


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Finding the right balance: Relying on instinct, data or both

Cattle producers are privy to more data about their herds and the market than ever before. Combined with their intuition, that data can be a powerful tool for managing risk and animal health.
June 18, 2024
Bruce Derksen

Feedlot operators tap into their hard-earned instincts almost every minute of every day. Most also lean into data and information. When critical decisions need to be made, it can be difficult to choose the right lane. Should instinct or data guide the thinking, or is there an overlap? If they’re both valuable, how do producers find their appropriate balance?


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Debt: A double-edged sword

When managed properly, debt can be a tool to help with profitability.
May 28, 2024
Kevin Bernhardt

If used for the right purposes and managed well, debt can be a great tool for increasing profits. However, tools can be misused. Just like using pliers to pound in a nail usually doesn’t work so well, debt can be a double-edged sword that is a drag on profitability.


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10 basic tenets of free-choice mineral supplementation

Knowing when, what and how much to supplement your cow herd will optimize cattle performance and improve your operation’s bottom line.
May 22, 2024
Jason M. Warner

Understanding the impact of mineral and vitamin intake in relation to requirements and associated responses in health and performance is a very challenging aspect of beef cattle nutrition.


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Choosing a mineral supplement: What can the tag tell you?

Understanding the information contained in a supplement’s label could be the difference between empty calories and a substantial return on investment.
May 17, 2024
Laurentia van Rensburg

Setting up an effective supplement program is more than simply finding the right mineral at the right price.


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Profitability maps: A tool for informed farm management in Idaho

Yield mapping tracks field productivity based on georeferenced data, aiding in identifying spatial variability. Profitability mapping extends this by incorporating input costs and sales prices, enhancing decision-making for Idaho crops.
May 14, 2024
Pat Hatzenbuehler and Linda Schott

Profitability maps can be helpful for determining the relative extent to which different areas in a field are profitable or not, which can provide insights regarding whether there are any actions that can be taken to increase profitability in lagging areas.


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Cow-calf rumen health: The foundation for health and performance

Maintaining a healthy rumen in the cow is the first step to jump-starting calf health, optimizing maternal performance and capitalizing on feed savings.
May 8, 2024
Craig Belknap

Rumen health is the cornerstone of a successful cow-calf operation, impacting calf health, maternal performance, feed utilization and, ultimately, economic profitability.


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Antimicrobial stewardship: Balancing health, profitability and sustainability

Antimicrobial stewardship is vital for responsible farm management, as it prevents costly consequences like antibiotic resistance, highlighting the need for informed antibiotic use and preventive measures to ensure animal health, farm profitability and societal well-being.
April 30, 2024
Simon Dufour and Aida Mínguez-Menéndez

When an antibiotic is administered, susceptible bacteria may be eliminated, allowing resistant bacteria to thrive and become dominant. This can make the antibiotic ineffective for future treatments and can therefore increase the risk of infections persisting in the afflicted animal and spreading to other animals in the herd, or to humans. 


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Progressive Cattle Podcast

[Podcast] 2024 forage outlook and monensin for cows and heifers – with Katie Raver and Frank White

April 26, 2024

For the first time, we welcome Progressive Forage’s Joy Hendrix to the podcast studio as she visits with Katie Raver from Rock River Laboratory for a regional analysis of forage quality and what to keep in mind for the 2024 growing season. Then Tyrell and Elanco’s Frank White discuss the results of a recent study analyzing the benefits of monensin products in a cow-calf setting. Finally, don’t miss out on an absolutely riveting conversation on the perils of importing exotic wildlife testicles from overseas.


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