Beef Buzz News
Ranch Management Consultant Stan Bevers Breaks Down the Economics of Maintaining That Mama Cow
Wed, 30 Oct 2019 15:12:40 CDT
Stan Bevers is a ranch management consultant who works with ranches in Texas and Oklahoma. It is printed on his business card, “Let’s measure it, and manage it.” In a recent conversation with Radio Oklahoma Ag Network Farm Director Ron Hays, Bevers explained how important the action behind that slogan really is to cattle producers’ bottom lines here on the Southern Plains.
Ron Hays Beef Buzzes with Stan Bevers on the cost of keeping a cow on your ranch.
“When I started in this business over 30 years ago, I could pretty much say it was going to be a dollar a day to keep a cow. Now, with the consulting I have and the ranches I work with across the country – that average is right at $1,100,” Bevers remarked. “That sounds like that’s impossible; that it could increase that much. But really, if you do the math that’s about $700 over a 30-year period. You do the math and that’s about a two percent inflation. And that’s the way it is.”
The key to this equation though, Bevers explains, is understanding not just the costs of running a cattle operation but understanding what the second and third components of it are. These factors often go overlooked when attentions are too tightly focused on expenses. These of course, Bevers says, are productivity – defined as the number of calves your mama cows can produce and how much weight they can move through the weaning process – and what he calls the “vulgarities of the market.” Bevers says that while costs are somewhat manageable and able to be brought under control to a degree, productivity and the tides of the market are quite unpredictable.
Bevers says productivity is maximized when the weather allows us each year, while the market behaves in a very similar way. Understanding what is and what isn’t controllable, Bevers says, gives producers a better perspective on the true economic condition in which they find themselves today.
Listen to Bevers’ full conversation with Hays about the economics of maintaining a mama cow herd on today’s Beef Buzz.
The Beef Buzz is a regular feature heard on radio stations around the region on the Radio Oklahoma Network and is a regular audio feature found on this website as well. Click on the LISTEN BAR below for today's show and check out our archives for older Beef Buzz shows covering the gamut of the beef cattle industry today.
right-click to download mp3
WebReadyTM Powered by WireReady® NSI
OUS's Dr. Derrell Peel Prefers The Word "Stability" Instead of "Normal" When Referencing The Climb To Better Cattle Prices Tue, 11 Aug 2020 08:12:20 CDT
NCBA's Danielle Beck Encourages Producers to Submit Comments on Dietary Guidelines Before Aug. 13 Deadline Mon, 10 Aug 2020 08:48:20 CDT
Ag Exemption For ELD Rule Expires Sept. 30 And NCBA's Allison Rivera Explains How They Are Working To Extend Exemption Fri, 07 Aug 2020 09:11:21 CDT
New 5-Year Long-Range Plan To Help Cattle Producers Unveiled at NCBA Summer Business Meeting Thu, 06 Aug 2020 08:44:20 CDT
USDA Undersecretary Greg Ibach Continues Push For Animal Identification Program And Additonal USDA Regulatory Powers To Help Cattle Industry Wed, 05 Aug 2020 11:45:23 CDT
TCFA's Ross Wilson Says More Robust Price Discovery Does Not Guarantee Higher Prices Tue, 04 Aug 2020 09:19:31 CDT
TCFA's Ross Wilson Believes Voluntary Market Driven Approach To Increasing Live Cattle Trade Can Be Achieved By Year End Mon, 03 Aug 2020 09:05:23 CDT
Cattle Producers Happy To Meet In Person During This Week's NCBA Summer Conference Says NCBA's Colin Woodall Fri, 31 Jul 2020 09:09:20 CDT
Marathon Live Cattle Committee Meeting At NCBA Summer Conference Yields Compromise on Price Discovery Policy Thu, 30 Jul 2020 09:42:28 CDT
United We Steak Beef Promotion Campaign Showing Good Results Says NCBA's Alisa Harrison Wed, 29 Jul 2020 08:23:24 CDT
NCBA President Marty Smith Explains Key Issues Need Face-To-Face Discussion As That Group's Summer Meeting Gets Underway In Denver Tue, 28 Jul 2020 09:38:24 CDT
Cong. Lucas Waiting For All Government Investigations to be Completed Before Saying Anything More About Increasing The Number of Packing Plants Mon, 27 Jul 2020 09:05:14 CDT
Cong. Lucas Says This Week's USDA Report on Boxed Beef And Fed Cattle Price Spread Investigation is The First of Multiple Investigations Fri, 24 Jul 2020 09:02:20 CDT
Uncertainty Surrounds July 24 Cattle on Feed And Cattle Inventory Reports Fri, 24 Jul 2020 05:22:14 CDT
Expanded Genomics Will Have The Most Impact On Cattle Herd Improvements In The Next 20 Years Says Nebraska Rancher Bill Rishel Wed, 22 Jul 2020 10:52:17 CDT
Boxed Beef, Beef Checkoff, CAB, Among The Key Paradigm Shifts That Have Advanced The Beef Industry Says Rancher Bill Rishel Tue, 21 Jul 2020 08:58:21 CDT
Legendary Nebraska Angus Breeder Bill Rishel Uses The Past To Predict the Future Mon, 20 Jul 2020 09:25:20 CDT
NCBA Working With Congress To Get Additonal COVID-19 Relief For Producers, Including Extending April 15 Marketing Deadline Into June Fri, 17 Jul 2020 12:51:21 CDT
NCBA's Colin Woodall Tackles Trio of Issues Including Burger King's Latest Advertising Campaign Thu, 16 Jul 2020 09:34:23 CDT
KSU's Dr. Glynn Tonsor Projects Feedlots To At Least Break Even, Maybe Turn a Small Profit By Early 2021. Wed, 15 Jul 2020 08:44:30 CDT
As Boxed Beef Prices Have Dropped Significantly in Recent Months, Dr. Glynn Tonsor Says The Biggest Concern Now is on The Demand Side. Tue, 14 Jul 2020 08:27:19 CDT
OSU's Derrell Peel Says Beef Demand Is A Complex Equation Mon, 13 Jul 2020 09:19:22 CDT
Improving Efficiency Key To Sustainable Beef Production Says Dr. Clay Mathis, Director of King Ranch Institute For Ranch Management Fri, 10 Jul 2020 08:52:20 CDT
Information Is Powerful And Valuable When It Comes To Pregnancy Checking Heifers And Cows Thu, 09 Jul 2020 10:38:20 CDT
Beef Exports For May Down 33 Percent But USMEF President Optimistic Numbers Will Improve Later This Year Wed, 08 Jul 2020 09:31:14 CDT
NCBA's Colin Woodall Expects Good Improvements For Cattle Industry In Coming Months Tue, 07 Jul 2020 09:14:31 CDT
Cong. Lucas Introduces Legislation To Expand Federal Meat Inspection For Smaller Processing Plants Mon, 06 Jul 2020 09:23:21 CDT
OSU's Dr. Derrel Peel says Producers Need to be Prepared for Drought Thu, 02 Jul 2020 09:26:37 CDT
There is Plenty of Beef This Summer Says OSU Extension Livestock Economist Derrell Pell Wed, 01 Jul 2020 08:28:23 CDT
NCBA's Alisa Harrison Explains New United We Steak Grilling Campaign Just In Time For The July 4th Holiday Tue, 30 Jun 2020 09:44:24 CDT
NCBA's Scott Yager Tells Landowners To Enjoy New Trump WOTUS Rule Which Became Law June 22 Mon, 29 Jun 2020 09:32:21 CDT
NCBA's Alisa Harrison Says Beef Industry Has Vast Amount of Resources To Meet Consumers Changing Behaviors Fri, 26 Jun 2020 09:02:11 CDT
Oklahoma Task Force Member John Pfeiffer Says They have Studied The Idea Of Opening New Meat Plants But Logistics Pose Major Challenge Thu, 25 Jun 2020 15:59:11 CDT
Mulhall, Okla. Rancher John Pfeiffer Says Joint Task Force Studying Ways To Expand Meat Processing In Oklahoma Wed, 24 Jun 2020 10:36:53 CDT
There Is Light At The End Of The Profitability Tunnel For Cattle Producers, Says OSU's Derrell Peel Tue, 23 Jun 2020 10:21:37 CDT