Women in agriculture took a step backward this week when a farmer’s wife bashed a female salesperson for presenting her sales pitch to her husband in the confined quarters of a combine during harvest season....More
The big 36% increase of beef in cold storage for August compared to last year had a negative impact on cow trade. Additionally, the cow cutout was higher than the Choice and Select most of the past week....More
A great rejoicing was heard across the West this week following the announcement that listing the Greater sage grouse under the Endangered Species Act is not warranted. Or maybe it was a collective sigh of relief....More
It is interesting to note that the high-profit, top 20% herds earned $724 per cow, a 10% higher earned economic return than average. The low-profit, bottom 20% herds earned $325 per cow, a return of 50% less....More
Finding your next set of herd bulls just got easier. Visit BEEF’s Seedstock 100 list to find the top 100 seedstock producers in the country.
Does your ranch have a succession plan?
The process involves two steps—estate planning and succession planning. Estate planning deals with the tax ramifications of passing the ranch on to others. Succession planning deals with continuing the ranch operations under other family leadership or by bringing in a non-family person to assume a leadership role in the operation. Does your ranch have a succession plan? In the event of a death or other event, would your ranch continue operating in its present form or would your family need or want to sell the operation? Leave your thoughts in the comments section below.