MANAGEMENT

For most producers in the West, elk are an expected and accepted nuisance in the winter, but for a neighborhood of ranchers in Montana, elk are a persistent problem all year long.

It’s one thing to start, another to survive. What makes the difference?

That may seem like a trick question with subjective answers, but ranchers will cite common denominators, tricks of the trade that apply.

I discussed risk in an article a couple of months ago and explained that risk exposure is often a daily occurrence for most cattle producers and often comes in two forms: price risk and production risk.

This article is part two in a two-part series. Click here to read part one of Avoiding probate with beneficiary designations: Part one

Transfer on death (TOD) deeds, also called beneficiary designation deeds, are becoming a popular estate-planning tool for many. They are a simple and low-cost method for a person to avoid probate on real property.

The new tax law signed by President Trump, called the Tax Cuts and Jobs Act (TCJA), has several provisions beneficial to owners and breeders in the horse and livestock industries. I will discuss some of the highlights.

As a group, farmers and ranchers are the hardest-working, highest-quality, most honest people around. They’re also among the poorest financial thinkers.