Start Date
10-30-2019 8:30 AM
Description
Winter feeding costs are typically the single greatest line-item cost in most cow-calf budgets. The irony of this is it doesn’t seem to matter whether you live in Minnesota, Missouri, or Mississippi, winter feed costs are still the highest cost. If you want to improve profitability in any resource-based production business, your first best strategy is to tackle your biggest cost items. The best way to manage a cost is to eliminate it. Shaving a little here and there does not make a big impact. Think elimination, not reduction.
Included in
Why You Should Be out of the Hay Business
Winter feeding costs are typically the single greatest line-item cost in most cow-calf budgets. The irony of this is it doesn’t seem to matter whether you live in Minnesota, Missouri, or Mississippi, winter feed costs are still the highest cost. If you want to improve profitability in any resource-based production business, your first best strategy is to tackle your biggest cost items. The best way to manage a cost is to eliminate it. Shaving a little here and there does not make a big impact. Think elimination, not reduction.
Speaker's Bio
Jim Gerrish, is an independent grazing lands consultant providing services to farmers and ranchers on both private and public lands across five continents. He currently resides in the Pahsimeroi Valley of Idaho.