Strategically Making Your Farm or Ranch Profitable

strategic-planning-farmcents-header
The word ‘strategically’ sounds sophisticated and is often used to imply the presence of some secret idea that will always work to increase profit. The word seems to suggest that to be strategic requires special knowledge or an almost magical method of accomplishing something. In truth, however, strategy is simply a plan of action or policy designed to achieve something desired, and it can be complex or basic, as each occasion requires. Strategy can be good or bad, a successful endeavor or a disaster. The key to good strategy is to have clear understanding of desired outcome, as well as the factors that create success, continued motivation, and practice to work at making the best plan possible. The alternative is to merely go with the flow. As a youth, I spent hours at the beach, playing in the surf.

Annual Beef Heifer Replacement Forecasts 2020-21

UNL Beef Cattle Production

The 2019-20 season has been a wild ride for the beef industry. Although the supply of beef livestock has been adequate, supply chain challenges have made retail cuts of beef more expensive without producers capturing any benefit from the higher price. Some parts of Nebraska have experienced drought-like conditions, leaving some individual producers short on forage resources, and concerned about the coming season. These issues further complicate the already complex decisions related to maintaining a brood cow business. One of the largest factors in this decision-making process is the...

Annual Beef Heifer Replacement Forecasts 2018-19

Cows in a field

Ranch profitability is not the result of a single choice but the culmination of all management, marketing and production choices. Therefore, better individual choices such as controlling costs are likely to result in increased profitability or decreased loss. Some choices have a larger role in affecting profits and sustainability.  The costs of brood cow replacements are basic to profitability in beef operations.

Western Nebraska corn/soybean rotation Payoff

mixed corn and soybean field

Matt Stockton

Devin Broadhead

Corn and soybeans are the two most common crops grown in Nebraska. Some farmers in the western part of the state plant continuous corn with few that plant continuous soybeans. In most cases some type of corn/soybean rotation is practiced. Idealistically speaking crop rotations should be producer and site specific, matching physical geography, resource availability and management capability. This work focuses on the difference in profitability among four possible rotations.

 

A Historical Comparison of Heifer Replacement Costs 2015

two cows standing in a field

The value of heifer replacements is an interesting question which is affected by time (e. g. future cattle prices), animal longevity and the individual production and management system of the cow-calf producer. If we ignore the differences among producers we can study the effects that price and longevity have on the net value of replacement animals. By using the simulation model Heifer Value Cow-q-lator production...