Tag: cows

Overheads

tractor team

My last ProfitTips article focused on the difference between being productive and being profitable and I used gross margin as a measure of profitability of an enterprise.  In introducing gross […]

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Productive But Not Profitable

cows tractor

North American agriculture could be described in one statement. “Productive but not profitable.” For decades the primary messaging to farmers and ranchers has been to become more productive. You see […]

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Can Small Scale Operations be Profitable?

chickens

I often hear from people operating on a smaller scale that their limitations of size make it impossible for them to be profitable. “I only run 12 cows and operate on 30 acres. I can’t possibly be profitable!” The limitations to profitability are usually self-induced. When we look inside this operation what we will likely […]

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Gross Margin Inside the Cow Herd

black cattle

We just wrapped up a full school in Oklahoma City. It was an amazing week where 54 people spent a week exploring the leadership of their businesses and making new […]

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Allocation of Overheads is a Bad Idea

cow tractor

The team here at RMC has been busy holding Ranching for Profit Schools in several locations. At these schools, a good part of classroom time is spent teaching and applying […]

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Get Better Before Getting Bigger

ranching4profit school

Our busy season of conducting Ranching for Profit Schools has just begun. Last week, I had the pleasure of dropping in on the school in Abilene, TX and meeting some outstanding participants. It is always an honor to be trusted enough to be invited to help a business discover a new path forward that will […]

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Cow Depreciation – Don’t Follow a Recipe

cow calf

There has been quite a bit written about managing cow deprecation over the past few years. In simple terms cow depreciation is the reduction of value of a cow from its height of value until it is sold for salvage. I’m glad this often hidden cost is getting attention and that ranchers now see this […]

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Ranching from Scratch

baking

Can’t be done. At least that is what conventional wisdom says. I’d agree that it can’t be done, if you follow the rules of traditional ranching – running cows 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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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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