#70 So you want to be a minimum cost producer
Manage episode 379394221 series 3519290
Do you want to be a minimum-cost producer?
If that is your goal, there are many things you need to consider.
First is that most beef or mutton producers have been led to higher and higher production per individual animal and this increases inputs and costs dramatically.
Peer pressure is real and what most producers talk about is individual animal performance and not profits per acre or per ranch per year.
Do these sound familiar?
Whenever cattlemen gather at the local coffee shop, they discuss the weather, politics, local economy, and weaning or slaughter weights. None of these subjects leads to maximum profits and certainly not to a minimum cost of production.
So how can we be a minimum-cost producer without diminishing our productivity per farm or ranch?
100 episodes