Profitability
ARTICLES
As cattle prices rise due to drought, low cattle numbers and other factors, the hope that profitability will come with it skyrockets. However, many factors play into profitability, not just the price of cattle.
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3 ways producers can stay grounded when profit is up
Cattle producers should take full advantage of the current market upswing as record profits in the industry are projected for the next several years. Below are three ways producers can take advantage of the current market cycle while preparing for long-term success.
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Why and how to simplify calculating winter cow costs
Understanding and controlling costs is a vital component of ranch profitability. Make this the year you put pen to paper. Or should we say, finger to iPad.
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Waiting for ships to come in: Rethinking ranch profitability
Producers who simply hope for profitability, rather than demand and plan for it, are missing opportunities as managers.
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What cattle producers should prioritize in an inflationary market
Inflation and interest rate increases are raising expenses and requiring producers to obtain more credit. To safeguard their finances, producers should use suitable loan terms, mitigate price risk and assess their risk tolerance.
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Focusing on adding value regardless of market trends will equal long-term benefits
Even when prices are high, taking the time to add value to the calf crop through simple protocols can pay off and set producers ahead for the future.
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The true asset that drives ranch profitability
You are your most valuable asset. Effective management, not just the cows or forages you produce, determines your success and overall ranch profitability.
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Asking ‘why?’ with system thinking on the ranch
A perspective for problem-solving on the ranch may involve positing uncomfortable questions. What we did to create ranch solutions in the past may have created some problems today.
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Economic importance of cow longevity and depreciation
Cow longevity is directly related to the profitability of an operation. Cows that leave the herd before weaning a fifth calf saddle the remaining cows with extra costs.
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