Ranchonomics

Host John Haskell and co-host Alex McKiernan welcome back John Locke to discuss the distinctions between mission, vision, and purpose in both business and personal life to define your ranch legacy. They emphasize the importance of shared vision in driving decisions and actions, highlighting the ICA process, a four-step tool for defining and achieving vision, and stress the significance of emotional connection to goals. This conversation also touches on the challenges of change, the importance of defining wants over needs, and the role of values in guiding decisions.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Defining mission, vision, and purposeThe power of a shared mission and vision, and the importance of being emotionally connectedThe role of emotional investment and fulfillment, and the idea that wants are more important than needsTools and processes for visioning and mission creationThe importance of being open to new experiences, continuous revisioning, and the role of vision in guiding personal and professional growthConnect with Connect with John:Follow on FacebookSend him an email at johnclocke@hotmail.comConnect with Alex:Follow on Instagram @robinettefarmsCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 63. Mindset and Emotional Barriers to Succession10x Is Easier Than 2x by Dan SullivanStart With Why by Simon SinekFind Your Why by Simon SInek, Peter Docker, and David MeadBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call...

John Haskell and co-host Alex McKiernan welcome John Locke, a sixth-generation rancher and instructor at Ranching for Profit, to the podcast today to discuss mindset and emotional barriers to succession in ranching. John highlights the importance of understanding emotions and effective communication, citing the need for extreme ownership and intentional listening. He shares his personal experience with a challenging succession event and the value of defining a legacy beyond physical assets.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Setting ourselves up for a successful succession eventHow fear is often the fundamental emotion that drives people away from conversations about succession planningUnderstanding your emotions to turn destructive communication into effective communicationPractical tools for effective communication, including reflective listening and asking questions to understandConnect with John:Follow on FacebookSend him an email at johnclocke@hotmail.comConnect with Alex:Follow on Instagram @robinettefarmsCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Extreme Ownership by Jocko Willink and Leif Babin7 Habits Of Highly Effective People by Stephen R. CoveyLeadership And Self-Deception by The Arbinger InstituteHealthy Land, Happy Families and Profitable Businesses by David W PrattMindset Above All: Alex McKiernan's Resilient Journey Post-Accident (Part 1, Part 2,a...

Nic De Castro, Founder and CEO of LandTrust, is back on the podcast today with host John Haskell to talk all about LandTrust, a marketplace for outdoor recreation on private land. Nic shares who it's for, the symbiotic relationship between LandTrust and landowners, and the low-touch, high-control nature of the business and its potential to provide extra income. They also discuss the types of activities customers are seeking out on the platform and how LandTrust makes it safe and convenient for landowners by offering liability insurance, ID verification, and payment processing.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:What LandTrust is, who it's for, and what makes it workThe benefits to the landowner for listing their property on LandTrustGoing beyond hunting and the various activities customers seek outLiability insurance, maintaining control, and profit potentialConnect with Nic:Follow on Instagram @landtrust_huntCheck out his websiteCall LandTrust at 406-709-8450Connect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 61. Entrepreneurship with Nic De CastroEpisode 57. Financial Metrics To Focus On with Dr. David KohlEpisode 21. LandTrust with Taylor MoyerBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:His Cavvy Foundation was established as a way to help families and individuals in the ranching community with serious medical issues. Click below to learn more, apply for assistance, or nominate a family in need.His Cavvy Foundation

John Haskell hosts Nic De Castro from LandTrust in a discussion about entrepreneurship. Nic shares his unique background in technology, his early startup experiences, and his transition from New York City to Bozeman, Montana. He discusses his philosophy on what makes a business successful and the concept of hypotheses in business. Nic also highlights the challenges and opportunities in working with multi-generational farm and ranch families, stressing the need for progressive thinking and succession planning.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The importance of hiring competent, motivated adultsHow a business is a test of whether a customer is willing to pay for a product or serviceThe difference between marketing and salesThe two-sided marketplace model of LandTrust and the challenges and observations in working with landownersThe role of family dynamics in business decisionsConnect with Nic:Follow on Instagram @landtrust_huntCheck out his websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.RFYI Forums

Bob Metzger is back on the podcast to discuss social dynamics, the challenges and opportunities in America, and the importance of deferred gratification and realistic expectations with host John Haskell. They talk about how, despite economic ups and downs, opportunities are abundant for those willing to work hard and manage their finances. Bob highlights the resilience of previous generations who succeeded by saving and making do, and shares his views on needs versus wants. They also touch on the success stories of immigrants who thrive in the U.S. due to its opportunities.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why it is no harder to get ahead in America today than it was in the pastDelayed gratification and how expectations determine happinessThe historical context of hardship and the relative ease of modern life compared to past generationsThe importance of balancing wants versus needsThe opportunities available in the U.S., particularly for immigrants who come with nothing and succeed through hard workConnect with Ranch Right:SuperabundanceSubscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 59. Opportunity Cost with Bob MetzgerBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Helping ranchers to make better decisions faster. Check out our friends at Ranching.FYI by clicking the link below.Ranching.FYI

In this episode of Ranchonomics, host John Haskell sits down with expert Bob Metzger to delve into the critical concept of opportunity cost in relation to both short-term and long-term investments. They explore the importance of factoring in interest payments when making financial decisions, as well as the power of compounding interest in maximizing returns. Metzger emphasizes that adopting a long-term mindset is essential for sustained success in ranching, cautioning against the allure of short-term gains that may lead to significant losses. The discussion also touches on the current “all-time-high” market, prompting insightful reflections on whether or not now is an opportune time to invest. This episode is packed with actionable insights that empower ranchers to align daily operations with strategic financial thinking, steering the business from chaos to clarity.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Opportunity cost as it relates to short term and long term investmentsAccounting for paying interest when evaluating the cost of a decisionConsidering compounding interest when evaluating return on investmentThoughts on the “all-time-high” cattle market and whether or not it's a good time to buyExamples of how short term mindsets may have big wins short term but will also have big lossesHow having a long-term mindset will win in the long termConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today. Book a free discovery call

Dr. David Kohl again joins host John Haskell to discuss the importance of a management mindset in farming and ranching operations. They discuss why, as a non-financial factor, having a strong management mindset matters and some tools you can apply to improve the various aspects of your business. Dr. Kohl highlights the significance of having a written business plan, setting specific, measurable, attainable, reasonable, and timely (SMART) goals, and regularly monitoring and adjusting plans based on changing conditions.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Why the cranium is the "sixth C" in addition to the traditional five (cash flow, character, collateral, conditions, and capacity)Effectiveness over efficiency and the concept of being a "five percenter"Practical steps to start creating a business planThe importance of transition planning and giving up controlMonitoring business plans and adjusting them based on changing conditionsSensitivity analysis and risk managementConnect with Dr. David Kohl:Follow on LinkedInConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 57. Financial Metrics To Focus On with Dr. David KohlEpisode 56. Commonalities of Successful Farmers & Ranchers with Dr. David KohlBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Meet Right is here to help take your ranch meetings to the next level. From husband and wife teams to full time employees, everyone can benefit from getting your meetings right. Click below to buy the course now. Meet Right

Dr. David Kohl is back on the podcast today to discuss key financial metrics for ranch operations. With his background in agriculture, finance, and entrepreneurship, Dr. Kohl shares why you should be paying attention to your net profit margin, debt coverage ratio, net operating income, working capital, operating expense revenue, and debt-to-asset ratio. Dr. Kohl and host John Haskell break down what these KPIs mean and what ratios and percentages to aim for. Dr. Kohl also emphasizes how, especially in agriculture, there is no one-size-fits-all approach when it comes to these financial factors and the importance of understanding how they all work together to create balance.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Examples of non-financial factors that can impact creditWhat net profit margin is and what percentage to aspire toBreaking down debt coverage ratio, risk management, and net operating incomeThe importance of knowing your working capital and aiming for at least 25%Operating expense revenue and debt-to-asset ratiosUnderstanding how all of these KPIs work together to create balance and ensure overall financial healthConnect with Dr. David Kohl:Follow on LinkedInConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 56. Commonalities of Successful Farmers & Ranchers with Dr. David KohlBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:His Cavvy Foundation was established as a way to help families and individuals in the ranching community with serious medical issues. Click below to learn more, apply for assistance, or nominate a family in need.His Cavvy Foundation

Virginia Tech academic Dr. David Kohl joins host John Haskell on the podcast today to discuss key factors and commonalities for successful farmers and ranchers. He emphasizes the importance of developing a monthly or quarterly cash flow plan, which he refers to as the REM factor (respond, execute, monitor), as well as regenerative practices for both resources and personal well-being. He highlights the significance of setting goals, introduces the 60-30-10 principle in finance, and the necessity of a risk management plan and community investment.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Dr. Kohl's extensive experience both in academia and running a 25-year-old cow-calf hay operation and dairy creameryTaking ownership of numbers, developing a cash flow plan, and understanding the operational planThe dangers of lifestyle creep and the importance of allocating time and resources effectivelyThe need for age-friendly livestock systems and prioritizing mental, physical, and spiritual healthThe importance of having a risk management plan, including crop and livestock insurance, and investing back into the communityConnect with Dr. David Kohl:Follow on LinkedInConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.RFYI Forums

Dallas Mount returns to the podcast to discuss the trend of over-specialization in ranching, highlighting the challenges and pitfalls of diversifying too much, too quickly. Dallas and host John Haskell emphasize the importance of focusing on a few core businesses that operate at scale and are profitable when talking about management experience and competence. Dallas notes that businesses with one, two, or three profitable enterprises are more likely to be successful. They also discuss the tendency to overestimate revenue and underestimate the costs of new enterprises, as well as the value of community cooperation and interdependence over self-reliance, advocating for strategic partnerships over independent expansion.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The current trend of diversification vs. specializationHow many enterprises are too many, and the challenges of managing a diverse businessThe concept of "profit envy"Considerations for starting a new enterprise, including the scale and experience of the businessConnect with Dallas:Follow on Instagram @ranching4profitFollow on FacebookSubscribe on YouTubeConnect on LinkedInCheck out his websiteSend him an email at dallas@ranchmanagement.comConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Helping ranchers to make better decisions faster. Check out our friends at Ranching.FYI by clicking the link below.Ranching.FYI

John Haskell welcomes Dallas Mount back to the podcast to discuss how to think about the future while ignoring the past. Sometimes we find ourselves in a situation we don't want to be in, and we want to reset and start over. Dallas walks us through an exercise he covered in a recent presentation to help us reconsider all of our assets on paper.He shares how to reevaluate and optimize assets on family ranches, emphasizing the importance of listing and valuing significant assets, such as livestock and machinery, and then considering their market value. The exercise involves imagining the business with this capital as cash and deciding how to reinvest it for better business outcomes. They also highlight the importance of striking a balance between profitability and employee satisfaction, as well as the potential pitfalls of holding onto unnecessary assets.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:A walkthrough of Dallas's exercise to reevaluate assets and deploy capitalBreaking out of the legacy trap and starting from scratch on paperEconomic considerations of equipment ownershipPotential pitfalls of this exercise and applying it in different situationsConnect with Dallas:Follow on Instagram @ranching4profitFollow on FacebookSubscribe on YouTubeConnect on LinkedInCheck out his websiteSend him an email at dallas@ranchmanagement.comConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today. Book a free discovery call

Host John Haskell welcomes back Stan and Eileen from Ramstead Ranch in part 2 of their conversation, discussing business processes and the operational improvements that have doubled their team's efficiency. They share the simple yet effective changes they implemented that led to a significant increase in package volume while maintaining error-free operations. The Ramsteads also emphasize the importance of Standard Operating Procedures (SOPs), continuous improvement, and the positive impact the increased efficiency has had on their personal lives.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Examples of specific changes their team implemented to double the work in half the timeThe impact getting their fulfillment team back on a reasonable schedule had on Stan and Eileen as business ownersSOPs and continuously looking at the system for areas of improvementThe importance of letting go of control and returning to basics when you get off trackConnect with Ramstead Ranch:Follow on Instagram @ramsteadranchFollow on FacebookSubscribe on YouTubeCheck out the websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 52. Business Processes with the Ramsteads, Part 1The Toyota WayScrum: The Art of Doing Twice the Work in Half the TimeNUMMI - This American LifeTeam of Teams: New Rules of Engagement for a Complex WorldBook a Free Discovery Call to Learn More Ranching for Profit 

Stan and Eileen from Ramstead Ranch in Washington State sit down with host John Haskell to discuss the challenges of scaling a direct-to-consumer business, particularly in fulfillment.In part 1 of this conversation, they share how, after doubling their budget for paid advertising, they increased sales from $600,000 to $1.2 million within a year, leading to a fulfillment bottleneck. Faced with team members struggling to keep up with orders, they implemented Scrum, an agile operating system, to streamline their processes. This led to a significant reduction in work hours while maintaining an increased order volume, demonstrating the effectiveness of Scrum in improving efficiency and team collaboration.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The impact of paid advertising and the significant fulfillment challenge it createdShifting and improving their fulfillment process to keep up with increased salesIntroducing the Scrum system to their C-Suite and fulfillment centerHow Scrum has affected their efficiency and ensures continuous improvementConnect with Ramstead Ranch:Follow on Instagram @ramsteadranchFollow on FacebookSubscribe on YouTubeCheck out the websiteConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Learn more about ScrumBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:His Cavvy Foundation was established as a way to help families and individuals in the ranching community with serious medical issues. Click below to learn more, apply for assistance, or nominate a family in need.His Cavvy Foundation

In this episode, host John Haskell and guest Travis Krause discuss the relationship between gross product and grazing management. Travis is a new member of the Ranch Right team helping out on the consulting side, and he's here to talk about how whole ranch profitability ultimately ties back to some of those first decisions you make about running your cows.John and Travis define gross product as the total economic value of livestock produced and explain how it impacts gross profit and net income. Travis emphasizes the importance of grazing management in balancing carrying capacity and stocking rate to optimize forage utilization and profitability. They also stress the importance of incremental steps in grazing management to avoid operational challenges and optimize where you can before considering buying new properties.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:The importance of carrying capacity and stocking rate in grazing managementAn example of forage utilization rate and its impact on stocking rate and gross productThe constraints and direct costs associated with increasing the stocking rateA reminder to optimize current land before expanding and the benefits of incremental steps in increasing stocking rateConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.RFYI Forums

In today’s episode, host John Haskell welcomes Micayla Giffin, a new member of the Ranch Right team, to the Ranchonomics podcast to discuss the importance of financial literacy in agriculture. Her unique skill set combining finance and farming knowledge and her experience in communicating financial concepts to farmers make her the perfect addition to our team and this conversation. Micayla shares her experience with data visualization, using metrics like term debt coverage and working capital to make informed decisions instead of emotional ones. They also discuss the challenges of buying land and the importance of understanding debt and compound growth for long-term success. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Making financial decisions based on facts and numbers, not just emotionsVisualizing your data and the foundation of financial literacyUnderstanding the risk of taking on debtShort-term versus long-term financial planningConnect with Micayla:Send an email at micayla@ranchrightllc.comFollow on Instagram @micaylagiffinFollow on Facebook @micayla.giffin and @GiffinFarmsSubscribe to YouTube @GiffinFarmsConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Related Episodes:Episode 46. Cow Marketing Strategies with Logan PribbenoEpisode 47. Impacts of Drought on the Cattle Cycle and the Time We Got It Wrong with Logan PribbenoResources & Links:Visualizing Data | Introducing Ranch Right Client Dashboard WebinarBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Helping ranchers to make better decisions faster. Check out our friends at Ranching.FYI by clicking the link below.Ranching.FYI

In today’s episode, host John Haskell welcomes back Charlotte Smith for conversation about the powerful connections between mindset and marketing for farm businesses. They discuss how thoughts like “I should be further along” can sabotage personal and business success, as well as practical tools for shifting to more supportive mindsets that drive action and growth. They also dive into the importance of giving ourselves grace, learning through mistakes, and letting go of socialized beliefs about the “right” way to do things. Additionally, Charlotte shares how intentional mindset work not only impacts marketing and finances, but also transforms relationships, personal well-being, and the entire farm ecosystem.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Mindset’s impact on business and personal growthOvercoming negative thinking and self-judgmentThe importance of giving yourself grace The link between positive mindset and practical resultsConnect with Charlotte:Check out her websiteFollow her on InstagramLike her page on FacebookListen to The Profitable Mindset PodcastConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 48. Mindset with Charlotte Smith, Part 1Charlotte’s FREE training: Price for ProfitCharlotte’s FREE training: How to Build a Loyal Customer BaseBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC

In this episode, host John Haskell reconnects with marketing and mindset coach Charlotte Smith to explore how our thoughts and beliefs shape business outcomes, especially in marketing. They discuss how our default thoughts and beliefs shape business outcomes and the importance of being intentional with our mindset and how it can impact our actions. John and Charlotte also discuss how the words we use both internally and externally can either support or sabotage our business efforts as well as practical advice to reframe negative self-talk, overcoming the fear of failure, and how embracing a growth mindset can transform not just our businesses, but our lives as a whole.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:What mindset is and its impact on businessThe connection between mindset and marketing effectivenessStrategies to intentionally shift and manage mindsetThe role of language in shaping mindsetConnect with Charlotte:Check out her websiteFollow her on InstagramLike her page on FacebookListen to The Profitable Mindset PodcastConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Related Episodes:Episode 32. Marketing & Mindset for Farmers with Charlotte SmithResources & Links:Charlotte’s FREE training: Price for ProfitCharlotte’s FREE training: How to Build a Loyal Customer BaseBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Meet Right is here to help take your ranch meetings to the next level. From husband and wife teams to full time employees, everyone can benefit from getting your meetings right. Click below to buy the course now. Meet Right

Host John Haskell welcomes back Logan Pribbeno to the Ranchonomics podcast to dive into the complexities of market timing strategies for cow herd management and the significant impact drought has on stocking decisions. They also discuss the challenges and lessons learned from missed market cycles, as well as practical approaches to surviving multi-year droughts, including the use of irrigated corn stalks for drought resilience. Additionally, they explore the logistics and economics of heifer development programs, strategic use of bull-to-cow ratios, and the essential benefits of adjusting stocking rates as needed based on varying factors.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Risks of long-term cattle market timingImpact of drought on herd management and profitabilityHeifer development strategies and breed-up practicesCapital and cost challenges in herd managementConnect with Logan:Check out his websiteFollow on Instagram @nebraskeroConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Episode 46. Cow Marketing Strategies with Logan PribbenoBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:His Cavvy Foundation was established as a way to help families and individuals in the ranching community with serious medical issues. Click below to learn more, apply for assistance, or nominate a family in need.His Cavvy Foundation

In today’s episode, host John Haskell sits down with Logan Pribbeno to dive into cow marketing strategies and how the cattle cycle can drive key business decisions for ranch operations. They discuss their approach to buying and selling heifers based on market signals and the importance of timing in maximizing profits within the cattle industry. Additionally, they explore cash flow management, land acquisition, dispersion selling, and hedging practices. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Cow marketing strategies and cattle cycle timingBuy and sell signals for herd growth and liquidationLooking at cash flow and tax considerations in deciding when to sellLand acquisition and property tax impactsConnect with Logan:Check out his websiteFollow on Instagram @nebraskeroConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Knowledge Rich Ranching by Allan NationBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Knowledge shared is knowledge gained. Join our friends at Ranching.FYI on their new ranching forums. Click below.RFYI Forums

In today’s episode, host John Haskell welcomes back Kim Barker and Wally Olson to discuss the challenges and strategies of bringing the next generation back to the family ranch, as well as the process of succession planning in agricultural operations. They dive into the importance of aligning personal values when teaching and transitioning responsibilities, and differing priorities across generations can shape the future of the family business. Additionally, they discuss leveraging leased land versus purchasing land, creative income streams such as Airbnb, and the importance of promoting an environment of open communication.Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover:Succession planning and bringing the next generation homeCreating value and decision-making for returning family membersAdapting ranch operations to the younger generations' goalsLearning from mistakes and fostering open communicationConnect with Wally:Check out his websiteWally’s Upcoming SchoolsConnect with Ranch Right:Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Resources & Links:Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:Helping ranchers to make better decisions faster. Check out our friends at Ranching.FYI by clicking the link below.Ranching.FYI