Ranching for Profit is an organization started by Stan Parsons and recently run by Dave Pratt that has been helping ranchers work on the business instead of in the business for decades. Dallas Mount, former Univ. of Wyoming Extension economist and now co-owner of Ranch Management Consultants, talks with Tip about ranch finance competencies, common weaknesses in ranch financial planning, and fundamental steps livestock producers can take to understand costs and put assets to work for them. This episode introduces a new grant through Western Extension for Risk Management Education that will provide outreach on ranch finance and use of livestock insurance products. Tune in for a teaser on fixed assets and working capital . . .

Learn more about Ranching for Profit schools and Executive Link at https://ranchmanagement.com/.

TRANSCRIPT

Available at https://artofrange.com/episodes/aor-80-should-ranching-be-profitable-dallas-mount.