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MANAGEMENT

Read how to improve your supervision of employees, financial matters, identification and record keeping. Learn more about land use issues that affect your operation.

LATEST

Paying attention to five elements of your business helps ensure profitability

It seems straightforward. You work hard, put in long hours, use top genetics, seize marketing opportunities and hope to earn a decent living.

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Each and every day, cattlemen buy and sell their livestock across the country. Video and Internet auctions have revolutionized how cattle are bought and sold, and knowing how to navigate these sales is important for everyone involved.

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Recently I was asked, “Why do show ring standards for quality fail to match the standards for quality in the industry?”

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The new year brings with it new motivations and goals. Many people make New Year’s resolutions – only to hope that they are still following them by the end of January.

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Without question, significant opportunities exist today for young people in the U.S. beef industry. Our nation’s cattle producers are getting older.

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Many producers are accustomed to negotiating leases in pasture and never putting anything in writing. Often these arrangements work fine, and no written documentation is ever needed.

But when a problem arises – and there are litany of situations under which problems can arise – the lack of written lease agreement for either grazing land or a bull can cause major problems for both parties involved.

The best practice for all producers is to take the time and invest the money to ensure that all leases are in writing and are reviewed by an attorney.

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