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Home » Topics » Business Management » Profitability

Profitability
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Planning from the end

Talking yourself out of an opportunity is far better than going broke because you didn’t do your research.
September 16, 2022
Andy Overbay

As an adviser to the farmers of my county and beyond, one question I dread the most is “Andy, what am I going to do?”


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Building benefits through Wagyu cattle and crosses

The quality of Wagyu beef and its carcass value and consumer premiums is well known. But more producers are seeing the genetic pluses as well.
August 25, 2022
Heather Smith Thomas

A growing number of commercial cattlemen are discovering advantages of using Wagyu bulls (or semen) in their herds, especially to breed heifers.


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The horse market explosion

The ranch horse market is exploding in population and prices paid by buyers. Cattle operations can sell horses as additional income, but it takes skill sets such as managerial accounting and marketing to be successful.
August 25, 2022
Gilda V. Bryant

After surviving an economic freefall in the 2008 recession, the horse market is at an all-time high. The reasons include a resurgence of lucrative rodeo events.


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Hunting as a profit opportunity

Adding a hunting enterprise to one Montana ranch proves to be a good diversification strategy. Producers considering adding hunting to their business should consider their time, the importance of hospitality and their state’s regulations.
August 25, 2022
M. P. Cremer

Since the dawn of time, mankind turned, and continues to turn, live animals into protein to feed the world. Whether it be by raising livestock or hunting wildlife, the job gets done and people get fed – and in some cases, these two paths cross.


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Avoiding pitfalls: Top 5 mistakes new cattle producers make

Business planning and financial awareness are integral for those starting a beef operation, as well as those inheriting one. Profitability is achievable with a good network and sustainable business strategies.
August 25, 2022
Ed Snodgrass

Thriving in the cattle industry isn’t easy. Not for producers who have been in the business for decades, and certainly not for those new and young producers who are just getting started.


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Choosing suppliers, nutritionists and negotiating through their value proposition

August 15, 2022
Bill Earley

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?



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3 production numbers you may not always look at

May 7, 2022
Tim Kinches
One of my favorite phrases is: “We are drowning in information while starving for wisdom.” I am sure everyone has felt this at some point in their life.
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Certainties in life: Death, taxes and cyclical lows

March 11, 2022
Kevin Bernhardt
With apologies to Benjamin Franklin, who said “The only two certainties in life are death and taxes,” dairy farmers can add cyclical highs and lows in milk prices and profitability to that list.
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What about inflation?

February 25, 2022
Mark Stephenson
It looks like a good year, but let’s be cautiously optimistic about milk prices in 2022. Right now, the futures markets are expecting something like a $4.25-per-hundredweight (cwt) improvement in the average U.S. all-milk price for the year. We even have a futures contract for Class IV milk that is settling over $24 per cwt at the time I write this.
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Are you ready for new technology?

November 24, 2021
Nancy Charlton
If you are thinking about making a change to improve your dairy operation, you do not have to look far to find solutions that involve updating your farm with new technology for milking and managing your cows.
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