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When looking at annual cow costs and doing an economic analysis, three categories rise to the top as the largest percentage of total costs: feed, labor and equipment, and cow depreciation.
One goal of any business is to be profitable. It is difficult to assess the profitability of a business without reasonable estimates of income over expenses.
Did you know there is a direct correlation between cattle behavior and the success of your operation? The personality of your cattle can impact your bottom line in a variety of ways, ranging from processing delays caused by stubborn cattle to issues with livestock welfare and health.
Ranching Concerns? What Does Your Tomorrow Look Like?
This is the question that looms on the horizon of every rancher. Questions and concerns arise as to cattle markets, as to the supply chain, and to the myriad of other factors that are pressing in and taking hits on your bottom line. What can be done?
For those who were alive during the '80s – regardless if you drank beer or not – I bet you remember the TV and radio ads that came with the emergence of light beer.
How COVID-19 Has Impacted Beef and Cattle Ranchers
The past several months have been dominated by food supply chain bottlenecks and challenges unlike anything the agriculture sector had experienced before. Factors directly impacting American ranchers in 2020 include:
What does it cost to produce 1 pound of beef from conception to putting it on the plate? Aside from a few economists, most would answer, “I have no idea.”
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