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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

Call it a reboot for the government’s biggest animal ID undertaking ever.

The U.S Department of Agriculture is preparing to take another shot at an animal disease traceability program this spring, while pinning its hopes that beef producers are more agreeable the second time around.

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We all know that recordkeeping is important for tax purposes, as well as for keeping track of day-to-day activities on the ranch, but most ranchers do not keep the right kind of records.

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There once was a time when you could, and did, rely on another person’s word when conducting business. Unfortunately, “the gentlemen’s agreement” is now a relic of the past. The time of doing business this way is over.

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It may seem like a trivial matter, but to the IRS, commingling of funds suggests your ranch or farm is a hobby rather than a business. What exactly is “commingling?” The usual situation is depositing checks made payable to your business into your personal bank account, or using your business account for personal expenditures.

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Winter can pose a number of specific challenges to producers who raise cattle, but proper management can help lessen the impact of cold weather.

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As we begin a new year, we always see a lot of predictions for the upcoming year, whether it be for the most popular movies, the most glamorous people, the hottest cars, etc. While I sure can't offer any insight into those important pop-culture topics, I could offer my best guesses for what we'll see in the cattle market this year.

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