Tag: gross margin

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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Economic Analysis

economic planning

We recently wrapped up our two day Economics Intensive where alumni of the Ranching for Profit School prepared their economic plan for the coming year. For many of us, if […]

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Moneyball is a Movie About Ranching

baseballs

The first time I watched the movie Moneyball, I about came out of my chair thinking, “This movie is about ranching”. The correlations are strong and the lessons from the […]

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Making Changes with John Marble

napkin math

John Marble, Ranching for Profit alumnus from Oregon is a not only a rancher, but a thinker, (I consider him a ranching philosopher) and a writer. He wrote the following piece for On […]

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A Strong Gross Margin

cow with horns

If you’re ranching for profit, there is one way to define “a good cow”. She has a strong gross margin. In much of my writing and speaking it might seem […]

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Maybe We Should Keep Those?

braham

Have you ever looked at a group of calves, heifers, cull cows and thought, “Well… maybe we should just keep those?” If you have, you’re not alone. Acting on this […]

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What Can We Do vs. What Should We Do?

brainstorming

In managing through the recent drought covering much of cow country, I hear a lot of discussion around questions like:  “How many cows ‘can’ we keep?”;  “How much hay do we have on hand?”; “How much hay can we afford to buy?”. These questions are not very helpful. They miss the larger point. In looking […]

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Business IQ

mother and child working

Dr. David Kohl of Virginia Tech has a solid grasp of what it takes to run a successful ag business. He has spent a career speaking, studying and writing on what separates those who are successful in ag business management from everyone else. I was recently reintroduced to Dr. Kohl’s Business IQ test and want […]

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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 friends along the way. Wally Olson of Olson Ranch and founder of Ranching FYI stopped by and discussed cow depreciation and how to make decisions […]

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