In Part 2 with John Maddux we discuss some of the strategies he uses for managing risk in his cow/calf and stocker business.

John Maddux shares his families story of aggressively purchases land and expanding their ranching operation over the generations. We dive into his very unique breeding and genetics program, his marketing strategy, low cost winter feeding program and begin to discuss his risk management strategy which we talk about more in next weeks episode.

Resources Mentioned:

Steven Covey - 7 Habits of Highly Effective People

The title doesn't even cover it all! We talk about a bunch in this episode on Brady Wulfs ranch near Starbuck, MN. We cover the airbnb he has on the ranch, hunting leases and ranch tours. We discuss his no-till wide row corn system and how he grows cover crops in the corn and grazes cows on it in the fall. And we discuss how they have gotten access to public lands and worked to improve them with grazing!

Resources Mentioned:

Agspire

If you are looking to add somebody to your team to help with your farm or ranch numbers, check out John Haskell and his team at ⁠⁠⁠https://www.ranchrightllc.com/⁠⁠⁠.

I have talked to many first generation ranchers but I'm not sure I've talked with anybody who has started leasing cows. Brandon shares his start and how he transitioned to owning cows by replacing the lease cows with his share of the heifer crop. He talks about his grazing management, cheap winter feeding program, starting a side business and so much more!

Resources Mentioned:

Tony Malmberg - Green Grass in the Spring

The E-Myth

Local Grasslands Coalition

To celebrate 200 Episodes I will be giving away 4 new Ranching Returns hats, listen to the podcast intro to hear how to enter to win one.

But this conversation with Greg Brown is one of the stories that just get me absolutely pumped about the potential in this industry! Greg has built a pretty impressive operation in a very impressive amount of time and he shares that in this episode. He shares why he let some land go, how he has expanded on other land, how to be successful as a first generation rancher and so much more!

Final fall Pharo Cattle Company bull sale is coming up this Saturday, November 23 in Valentine Nebraska, reach out to PCC to learn about delivery options, and bid from home options!

Resources Mentioned:

Richard P. Hobson Jr. Books

Ranching Returns Podcast

Unbroken

Undaunted Courage

Endurance

Logan shares his strategy to take advantage of what he believes is a predictable cattle cycle and capture value in his appreciated cow herd. My biggest question has been, how do you continue to generate a profit when the market goes down, and he shares his strategy to do that as well! I really enjoyed this conversation with Logan!

Resources Mentioned:

Meditations - Marcus Aurelius

Check out ⁠⁠⁠⁠⁠⁠www.pharocattle.com⁠⁠⁠⁠⁠⁠ for more information on how to put more fun and profit back into your ranching business!

Kyle shares his ranching story and I love his willingness to recognize the need to change and actually make a change. So many find it easier to go broke doing what is comfortable than to make a change. He also shares that it turns out being very low input isn't always enough, he didn't own the cows or equipment at the start. But there wasn't enough money coming in to make it work. Lots to learn from Kyle!

Resources Mentioned:

Dave Ramsey - Entreleadership

Ranching for Profit/Executive Link

Patrick Lencioni

Erwin McManus

Working Cows Podcast

Kit and the PCC team has been sending in some DNA on bulls recently and has had some exciting results on both the A2/A2 test and the Tenet Beef test. Listen in to find out what we learned.

If you are looking to add somebody to your team to help with your farm or ranch numbers, check out John Haskell and his team at ⁠⁠⁠https://www.ranchrightllc.com/⁠⁠⁠.

Welcome to the Ranching Returns Podcast, formerly known as the Herd Quitter Podcast! I've been asked a bunch why the change? Are we leaving Pharo Cattle Company? And to settle all of those concerns I wanted you all to know that nothing really will be changing as far as the podcast that you've been accustomed to listening to! The podcast has grown over the past three and a half years to now being listened to by a few thousand people every week, it seemed like it would be good to rebrand just to make a clear separation between the podcast and Pharo Cattle Company. After all, Kit Pharo is the original Herd Quitter and always will be. So what is the Ranching Returns Podcast? We will continue talking to farmers and ranchers who are leading the industry in so many things. We'll talk about the many returns they get from ranching including obviously the expreme financial returns, but also returns to their land resources and ultimately an amazing lifestyle, and that might be the most important return that Ranching can offer! So stay tuned, because every Monday, we'll release another new episode of the Ranching Returns Podcast!