Low-cost producers are high-return ranches, seems like a no-brainer, but how to achieve this may go beyond just hard work. Continuing education on how and what is effective may prove to be a helpful tool for some producers. A one-day course developed by the founders of the High Plains Ranch Practicum School will be offered at the following locations this fall:Oct 27 - Crawford, NE
Oct 29 - Laramie, WY
Nov 12 - Wheatland, WY
Nov 16 - Powell, WY
Nov 17 - Worland, WY
Nov 18 - Crow Heart, WY
Nov 23 - Kimball, NE
For more information visit their website at http://hpranchpracticum.comIn an article released Sept. 22, 2009 from www.extension.org they discuss information that was distilled from two years of participants in the High Plains Ranch Practicum School and from a livestock enterprise analysis from the North Dakota Farm and Ranch Business Management Education Association program based on 119 producers. They state that " Data shows low-cost producers are high-return ranchers, and the high-cost producers are low-return ranchers." To read the complete article click here.Topics that may be covered by the one-day course from The High Plains Ranch Practicum include:- Ranch financials - How to determine unit cost of production and compare against regional benchmarks
- Integrating nutrition, body condition scoring and reproductive performance
- Grazing systems - Developing an applied grazing system and simple methods for monitoring range land systems.
- Strategic planning - Working on the ranch business and with the people involved in it.
Ranch ownership is different than ownership of most types of real estate. It requires knowledge of the current operations, an understanding of the resources available on the ranch and a grasp of the financial and budgeting processes. Successful ranch management requires a balance of wildlife and resource management with that of productive agricultural operations. Even the most seasoned ranch manager can struggle with these challenges.
All of our agents at Pfister Land Company were raised on hardworking farms and ranches here in the west and understand the tasks at hand and the true meaning of stewardship. Our experiences and expertise have equipped us with the tools, knowledge, and relationships needed to guide you through the many aspects involved with purchasing and operating today's ranches.
Visit our website at http://www.pfisterlandco.com/ or give us a call at (307)684-5201
Labels: Ranch Brokers, ranch for sale, ranching, Recreational Property for Sale in Wyoming