At this time of year, cattle producers are often thinking about how slow winter is moving and how fast the feed stack is disappearing. Some decisions may have to be made before grazing starts again in late spring. Do you buy more hay or do you sell some cattle? Ted Nibourg, business management specialist at the Ag Info Centre, says a couple of issues need to be addressed before a solid decision can be made, starting with the market outlook.
Interview with Ted Nibourg (2:02 minutes) (505 Kb)
If you want to check out Rancher’s Return, go to Alberta Agriculture's website, www.agriculture.alberta.ca, then click on Decision Making Tools and then Farm Management. For more information on calculating cost of production, call the Ag Info Centre at 310-FARM.