What’s the old saying in the cattle business? “Droughts and hard times will make us better managers.” I believe this is true if we learn from the hard times. Many of us have reduced cowherd inventories and are anticipating normal rain fall and herd expansion to capitalize on the bullish cattle market outlook.
With this in mind, now is the time to take a close look at our business model and specifically the “production factory” in the cow-calf business. The “production factory” I am referring to is our cowherd. We maintain them on our grass, breed them, feed them,…
