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Last month, we talked about the tension that comes with great wealth transfer. Here is more information on that subject. Financial planner Anthony Williams describes a study by Investment News suggesting 66 percent of children will ultimately fire their parents’ financial adviser once they receive their inheritance. These children are called fleeing heirs.
In late October, the Canadian dairy industry officially changed how it calculates requirements and quota allotted to provinces in order to be more responsive to market needs and allow forecasting beyond a one-year period, thus creating a more reliable forecast model.
Robert Earl Keen and Lyle Lovett wrote in their hit song, “The Front Porch Song,” “I’ve known a whole lot of old bulls in my life, and their work is never done.”
It’s an appropriate sentiment, especially when going to the sale barn to buy a new sire. Understanding the importance of bull sale protocols, assessing your needs as a producer and keeping your financial goals in mind can make or break your day-to-day operation.
As the convenience and affordability of technology continues to offer opportunities, it’s also possible they can distract from the importance of the basics, sometimes derailing our everyday focus.
The books have closed on 2018, and we are now working through winter and looking forward to spring. For the spring-calving cow-calf producer, this is a good time to analyze what it cost to produce a pound of weaned calf last year.
Our natural tendency when filling columns in a calving book is to start with the calf. Like kids in school, their performance is a direct reflection of their parents.
Health insurance costs have been on the rise for several years and are frequently named by farmers and ranchers as becoming a burden to their families and operations.
People kept telling Larry Coleman of Coleman Angus he needed a Facebook page. But ranching life is busy, and it wasn’t something he was interested in trying.
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