What if the drought continues into 2013? Market Adviser columnist Harlan Hughes suggests that under certain drought plans it might pay to purchase....More
A conventional drought repopulation strategy is to buy back as many bred heifers after the drought as cows were sold during the drought. The example....More
In times of drought, ranchers should focus most of their management energy on cash flowing the herd through the drought and beyond. Remember, a....More
In a continuation of the drought strategies analysis, we project the invisible costs of having fewer calves to sell in the years following the 2012....More
Last month, I summarized my producer educational programs in past droughts. The key lesson I learned from those droughts was that the optimum drought....More
The 2012 summer drought hit much of cow country. Derrell Peel, Oklahoma State University Extension economist, summed up the situation in late August....More
By now, drought has forced some ranchers to sell some cows and/or wean early; others have already priced their 2012 calves. We all have one thing....More
How your herd has been performing economically should play a critical role in your drought management plan. Producers need to know the economic....More
In past cattle cycles, I felt it took average profits of over $200/cow to stimulate a full-blown beef herd expansion. So, what was the profit level....More
My current price projections are for record-high average calf prices for the next five years. What’s more, I expect those increases will exceed a....More
Economic theory suggests that when a major input cost goes up, the industry utilizing that input reduces its production. That’s exactly what happened....More
Harlan Hughes is a North Dakota State University professor emeritus and author of the monthly "Market Advisor" column that appears in BEEF magazine. He also consults and lectures widely,...
What's Market Advisor?
Harlan Hughes has spent a professional lifetime helping U.S. beef producers better manage the business end of their beef cow operations.