The financial picture for ranchers this year and potentially for a few years is going to look a lot different than has for a while.  Mary Jo Irmen, Farm/Ranch Strategy Expert and Author is back as she offers some strategy, considerations, and cautions on managing these potential profits.  We’ll also discuss Operating Loans, which are now at a 20 year high for interest rates, and what you may want to consider. We all want to take full advantage of the highs in this next Cattle Market Cycle, but let’s talk through before we make financial decisions that could come back to bite us down the road.

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Today we cover several topics.  First, the story from Denise Loyning (L-W Cattle Company) is using software that helps them efficiently develop their young bulls.  From tracking feed, both inventory and what is fed, to also health records with their veterinarian.  Then, RMA Administrator Marcia Bunger will join us to talk about a new risk management tool for Cow Calf Producers.  And finally I’ll recap how the Fall Run Calf Market is progressing as we review early October numbers and then Don Day will join us for a look at the long term weather.

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Tim Sheehy is a former Navy Seal turned businessman and rancher that shares his story of what provoked him to start from ground zero with a ranch (Little Belt Cattle Company) in Montana and start raising and selling branded beef products.  We’ll also discuss his concern about protecting and enhancing our food supply chain and why that’s important, his view on Country of Origin Labeling… and I might also mention, he’s running for a US Senate Seat for Montana.

Plus, maintenance plans as you prepare to store your equipment for winter with Aaron Booth of New Holland Parts & Service.

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After a strong summer Cattle Market will it hold through into the Fall Run?  Clint Berry, Marketing Representative for Superior Livestock is back as we assess this past summer's market and what that is telling us as we look ahead to the Fall Run.  What does it look like on the steer market?  On the heifers, will there be high demand or still a sell off?  And what about this bred cattle market?

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You might think that with these record cattle prices you can afford to buy some things or add to your operation.  But, before you do that, you’re going to want to listen through today’s show.  Dallas Mount, with Ranch Management Consultants, is my guest as I’ll have him expand more on his recent Profit Tips Newsletter titled… Don’t Screw Up The Windfall Profits.  We’ll discuss some of the common mistakes that can be made when are not strategic with additional profits.  And... If you’re like me, you don’t want to repeat one or two of those costly decisions you made in the last “up” market.   

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This time of the year brings about the fall work of our cows.  Activities like shipping yearlings, pre-conditioning, weaning, and preg checking… there’s just a lot going on.  So how can we do all this and keep the stress level down in our cattle? Steve Cote is back with us to talk about some of the low stress practices we can do to keep our animals in the right frame of mind.  We’ll start with approaching the corrals with the cattle, how to reduce the pressure they feel at the gate, and one of the biggest stressors… Weaning.  Plus, will get into the proper techniques in effectively using a Bud Box.

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We can breed for efficiency, but that doesn’t make your cows efficient… they can only work with the resources that are available.  Ted Perry, Director of Beef Technical Services with Purina joins us as we discuss the value of a mineral program in the nutrition of our cows that allows them to be efficient with the resources they have; whether that’s their feed, their environment, or their genetics.  Should a mineral program be seasonal or annual and why?  And the three “Abilities” of a mineral, those being Palatability, Bio-Availability, and Weatherability.

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Virtual Fencing... Can it work?  Is it cost effective? Researchers from Oklahoma State University (Dr. Ryan Reuter, Dr. Laura Goodman, & Alayna Gerhardt) join me as we talk about their project in looking at the viability of Virtual Fencing for ranchers.  What are the benefits that it offers and what have been the challenges as this technology emerges.  And will get into the cost benefit analysis of virtual fencing, as we compare it to other forms of controlling animal movement.

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In ranching there are just some things we cannot control.  For example, our markets and weather.  So far, the markets are looking pretty good, but what about the weather for this fall and winter?  Meteorologist Don Day joins us for the entire show as he walks us through his outlook for the next 4-8 months.  We’ll take an overall look at what will be affecting our weather pattern and then we’ll break it down by region across North America. El Nino is looming large ahead of us.  What’s does that mean for our weather outlook between now and next spring?

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Managing a ranch in today’s industry is different that it was for the previous generations... and it continues to change.  So, what are the skills a manager needs on today’s ranch?  Rick Machen with the King Ranch Institute for Ranch Management is my guest as he shares with us three umbrella areas that are critical for Ranch Managers. If you have aspirations of being a ranch manager, either for your family ranch or someone else; your currently in a management position; or an owner, today’s show will provide you with some tremendous insight. 

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