A new year is approaching for the cattle industry. Though we have had our issues this past year, like the current market, new opportunities are bound to return. It may not look like it, but there are always positives to be found if you know how to look, even in our yoyo industry.
One section of our industry that can be affected harshly is small cattle producers. They do not have the size to absorb any costs that come up. Also, due to their size, they have little bargaining power when it comes to sales. This lack of control means they often have to take what they can get. They rarely have the resources needed to invest in any improvements in their place.
Being a small producer has its challenges when it comes to managing their herds. Like all producers, they must try to maximize their output without breaking the bank. It may seem that is not possible, but there are things that you can do today that will make a significant impact. Here are five things that you can do today to improve your operation going into the new year.
A new year is approaching for the cattle industry. Though we have had our issues this past year, like the drought, new opportunities are bound to return. It may not look like it but there are always positives to be found if you know how to look, even in our yoyo industry.
Having the right replacement heifers is important for the long-term profitability of any ranch. It is necessary to be able to rotate the breeding stock out to improve the overall genetic gene pool. Also, cows will get to a point where they will be too old to breed anymore and no longer be profitable. When this happens you will need to have new stock ready to take their place.
