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.

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In this episode, we cover:

• The importance of carrying capacity and stocking rate in grazing management
• An example of forage utilization rate and its impact on stocking rate and gross product
• The constraints and direct costs associated with increasing the stocking rate
• A reminder to optimize current land before expanding and the benefits of incremental steps in increasing stocking rate

Connect 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.

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In this episode, we cover:

• Making financial decisions based on facts and numbers, not just emotions
• Visualizing your data and the foundation of financial literacy
• Understanding the risk of taking on debt
• Short-term versus long-term financial planning

Connect with Micayla:

• Send an email at micayla@ranchrightllc.com
• Follow on Instagram @micaylagiffin
• Follow on Facebook @micayla.giffin and @GiffinFarms
• Subscribe to YouTube @GiffinFarms

Connect 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 Pribbeno
• Episode 47. Impacts of Drought on the Cattle Cycle and the Time We Got It Wrong with Logan Pribbeno

Resources & Links:

• Visualizing Data | Introducing Ranch Right Client Dashboard Webinar
• 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

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 growth
• Overcoming negative thinking and self-judgment
• The importance of giving yourself grace
• The link between positive mindset and practical results

Connect with Charlotte:

• Check out her website
• Follow her on Instagram
• Like her page on Facebook
• Listen to The Profitable Mindset Podcast

Connect 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 1
• Charlotte’s FREE training: Price for Profit
• Charlotte’s FREE training: How to Build a Loyal Customer Base
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC