Rain has abandoned us during a vital forage-growing period. In tall fescue pastures, two-thirds of forage growth comes in the spring, and one-third grows in the fall. 

Anybody who has succeeded in any business for any amount of time knows at least this one simple truth: Efficiency equals profits. The tricky part, of course, is figuring out just where your inefficiencies lie and what you can do to remedy them.

Profitability is basically the difference between income and expenses. In today’s world of tight margins, producers should be looking at their own balance sheet now more than ever to make sure they are making smart decisions that can impact either end (income or expense) of the equation.

Predicting feed costs for 2022-23 is like predicting weather in July and August. Feed costs will be influenced by moisture conditions, degree days, delayed planting and delayed harvesting of legume/grass forages.

With the profitability of your business at hand, who you choose to do business with is a critical decision. Who needs to be on your “external management” team?