Burke Teichert – Characteristics of Successful Ranch Managers pt. 1

Burke Teichert joined me for a conversation on what it takes to be a successful ranch manager. We talk about the most important things we should be keeping an eye on including some of the key ratios that go a long way toward determining profitability.

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Burke’s List:

• What are the major determinants of financial success?

  • Enterprise mix and choices

  • Overheads

  • Stocking rate

    • Cow size and milk production

    • Grazing and pasture management

    • Fed feed vs. grazed feed

  • Calving Season

    • Herd fertility

    • Wise input use for optimum production

  • Marketing

• What key ratios drive profitability?

  • Reduce overheads

  • Increase turnover

  • Market well

  • Then improve three key ratios:

    • Acres per cow

    • Cows per FTE

    • Fed feed vs. grazed feed