An Alberta Agriculture specialist says, as the cow-calf business continues to provide strong margins, and producers look at where to invest their positive margins, the question becomes what to invest those positive margins in. In a presentation now available from Cow-Calfenomics risk management series, Rick Dehod, farm financial specialist, recommends producers first know their business costs with a goal of reducing those costs, not only when the farm is losing money, but also during the good years when margins improve.
Interview with Rick Dehod (3:29 minutes) (1.60 Mb)
Source : agric.gov.ab.ca