Calculating your breakeven
Part 1
2011
I love the western photography calendar I picked up at NCBA this winter. Each time I turn the page, I enjoy finding a new photo and quote about ranch life or cattle. Each time I turn the page, I also wonder… where in the world did the last month GO?!
March flew by with me running between Ohio and Kansas and loving every minute of it. I spent a week in Kansas with stocker and backgrounding cattlemen, then back to Wooster for our Building Blocks for Success Seminar, then back to Kansas for a the Region 7 American National Cattlewomen meeting, now back to Wooster for a week of catch up and back to Kansas City next week for NAMA. Whew!
That said, you know it won”t be long until spring has flown past, summer is creeping by and we need to start making tough cattle marketing decisions. Maybe you calve in the fall and these decisions are really quickly approaching: Sell now or keep them on grass? Retain ownership, partner or send them to the auction barn? How much will the cost of feedstuffs impact those decisions?
Throughout the week, we”ll share more about the breakeven calculator — tips to use it, where to find correct and accurate input data, and we”ll show some instances where running these kinds of calcuations can make a big impact on your odds of adding black ink to the ledger this year.
-Laura
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