Burke Teichert joined me for a conversation on what it takes to be a successful ranch manager. We talk about the most important things we should be keeping an eye on including some of the key ratios that go a long way toward determining profitability.

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Burke’s List:

• What are the major determinants of financial success?
  • Enterprise mix and choices
  • Overheads
  • Stocking rate
    • Cow size and milk production
    • Grazing and pasture management
    • Fed feed vs. grazed feed
  • Calving Season
    • Herd fertility
    • Wise input use for optimum production
  • Marketing
• What key ratios drive profitability?
  • Reduce overheads
  • Increase turnover
  • Market well
  • Then improve three key ratios:
    • Acres per cow
    • Cows per FTE
    • Fed feed vs. grazed feed