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With winter quickly approaching, preparing your ranch’s cattle-handling equipment, buildings and machinery becomes time-sensitive. It’s critical that livestock are handled safely and that handlers remain productive even when Mother Nature drops the temperature.
The U.S. Drought Monitor map continues to feature a lot of undesirable colors. Widespread drought conditions continue across many parts of the U.S., and experts are predicting these conditions are not going away any time soon.
The ongoing health crisis has generated additional losses to cow-calf producers already suffering multiple years of low margins due to market prices below the average total economic cost of production.
You’ve led and managed your business through uncharted waters for the last several months. This is a good time to document the lessons you’ve learned during this unprecedented season in your business.
As we write this article, many ranchers - especially those in the western states - are facing drought conditions. Or at least drier than usual conditions. What this means, unfortunately, is an increase in cost-to-feed - because of the shortage of forages. The cost of hay and straw soars due to supply and demand. As a result, immense pressure is on ranchers that don’t have enough pasture to support their cow herd.
As you read this article, we will all be just past the midyear mark for 2020. While I usually save most of my “year-end” reflection for the end of the year, there seems to be plenty of things to reflect on just in the first half of this year.
The year 2020 has proven, once again, that much of what happens in life is unpredictable and uncontrollable. Global and domestic markets have been disrupted and commodity prices increasingly volatilized.
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