Category: Decision Making

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Fall is Planning Time

coffee autumn

As fall work wraps up for most in cow country, now is the time to start planning for next year. Here are a few essential pieces of that plan: Gross Margin projections and analysis of key enterprises Overhead projection and analysis Profit target setting and how profit will be used Grazing plan for next year […]

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Essentialism

closet

Each fall and winter our Executive Link meetings start with a continuing education program. We usually reach for something outside the ranching world that our members would not otherwise be exposed to. Often this is a book from business management circles. This fall our book is Essentialism: The Disciplined Pursuit of Less by Greg McKeown. […]

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A Good Day

ranch life

Yesterday was a good day. We pulled bulls from a group of cattle, I’ve been custom grazing for long-time customers who are now friends. The day started early with some neighbors loading horses before first light and making our way up the mountain to the pasture. After riding a circle, we had 3 of the […]

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Good Grazing Shouldn’t be Controversial

spring grazing

“You don’t believe in that silly rotational grazing mumbo jumbo do you?” “Oh…. You’re one of ‘those people’!” “I’d quit ranching if it meant moving my cows around in circles all the time.” I’m guessing many of you have heard some version of the statements above and maybe even said it or thought it yourself. […]

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Planning in a Volatile Market

market trading

The landscape for marketing your products is changing so quickly it is hard to keep track of the changes that occur on almost a daily basis. I’m tired of hearing the term “uncertain times” during the coronavirus pandemic. Has there ever been “certain times”? Definitely not when it comes to ag markets!   I’ve been spending […]

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Is Tagging Calves a Good Idea?

calf tag

We need to constantly challenge the management practices we do on the ranch, to make sure they still make sense. As business management guru Edwards Demming (who lived in Powell, WY) said, “It is not necessary to change, survival is not mandatory.” Since calving season is in full swing across most of cow country, I […]

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Managing Through

planning

The COVID-19 crisis sweeping the world is on everyone’s mind. We at RMC are making adjustments in our work to help slow the spread. It is easy to get caught up in the negative thinking about how this is impacting markets or impacting our normal routines. However, let’s pause and consider how we as individuals […]

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The Tradition vs Innovation Paradox

sunset cowboy

Agriculture is steeped in tradition. These traditions serve as a source of pride and continuity which help make us who we are in agriculture. However, these same traditions create a paradox of sorts when it comes to managing the business of ranching. Balancing respect for traditions and fostering innovation can be tricky to navigate. Another […]

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The Power of a Plan

We are currently in a time of financial stress in agriculture. The past few months, as we have been conducting our Ranching for Profit Schools all over the U.S. the stress has been palpable from many of the operations that are attending. The hands-on afterhours work sessions we facilitate at the school have been busy. […]

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Principles Not Practices

Most of your neighbors think in terms of practices. Should I feed this or that? Should we run this type of cattle or those other ones? Do we calve in this pasture or the one over there? It is easy to understand why we spend so much time talking about practices. Everywhere you turn someone […]

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