In today’s episode, host John Haskell talks with Kyle and Kristin Marshall, ranchers from Burwell, Nebraska, about their recovery from a devastating wildfire 18 months prior. The fire, which began as a controlled burn on a neighbor's property, spread uncontrollably, destroying significant portions of their ranch. The Marshalls discuss the emotional and financial impacts, their recovery process, and navigating insurance claims and federal assistance. They emphasize the importance of documentation, advocating for yourself, and community support, as they share lessons learned and their journey of rebuilding, resilience, and finding hope after fire.

In this episode, we cover:

• The Marshall family’s experience following a devastating wildfire
• The losses they incurred and the challenges they faced in navigating insurance claims and federal assistance
• Advice for others who are faced with this challenge and practical tips to get through it
• Their reflections of the journey and how both the good and the bad parts taught them lessons and ultimately gave them hope for the future

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/hope-after-fire-with-kyle-kristin-marshall-episode-11

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Connect with the Marshalls:

• Follow on Facebook
• Connect with on LinkedIn

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

Today’s special guest is Walter Lynn and we’re talking all about building working capital and the importance of our approach to it right now. Walter explains the significance of understanding the dollar amount of working capital, maintaining liquidity, and setting appropriate targets. The conversation also covers strategies for improving working capital and navigating market cycles, providing practical advice for ranchers to manage their financial health effectively.

Walter Lynn has a decades-long portfolio of experience working with NGOs, businesses and industry leaders involved in all facets of production agriculture, agribusiness and conservation. He currently serves as a board member and was past chair of Holistic Management International. He had a niche CPA firm that worked with Ag producers in approximately 15 states with an awesome team from Springfield, Illinois.

In this episode, we cover:

• What exactly working capital is and the basic components of it
• How to improve working capital and how it changes
• The significance of understanding liquidity and its impact on financial health

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/building-working-capital-with-walter-lynn-episode-10

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Connect with Walter:

• Follow on X/Twitter @bovineacct

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

In this episode of the Ranchonomics podcast, we welcome guest Wally Olson to discuss working with cattle buyers. Something we hear often is how challenging it can be to work with cattle buyers; but they’re an important part of the business so today we’re sharing some advice on how to work better with cattle buyers. We’re also diving into various selling strategies and options, building strong relationships, and transparent communication.

Wally Olson is a firm believer in helping place an old head on young shoulders. Wally teaches cattle marketing schools and loves to help young people get started in ranching. For more information about Wally and to hear his story of ranching and learning visit his website www.olsonranchllc.com

In this episode, we cover:

• Advice on how to work better with cattle buyers
• Various selling strategies and options such as local sale barns, video auctions, and selling privately
• The power of communicating up front about expectations, and differences in culture and regions
• What the concept of one degree of separation is
• Utilizing these professionals – their time, expertise, equipment – to grow your business

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/working-with-cattle-buyers-with-wally-olson-episode-9

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Connect with Wally:

• Check out his website
• Wally’s Online Marketing Schools

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

On today’s episode, we welcome special guest, Marlene Moore onto the show to talk all about applying the principles of sell/buy in a seasonal operation. She shares insights on cattle management, marketing strategies, and financial sustainability. Marlene emphasizes the importance of continuous education, effective cash management, and regenerative practices. Her innovative approach showcases a great example of a successful and sustainable ranching operation.

Marlene and her husband, Dwight Maseberg, own and operate Shamrock Ranches near Wallace, Nebraska. Shamrock Ranches has been in Moore's family since 1949 and Marlene took over in 1982.

In this episode, we cover:

• Her background and influences in ranching
• Her insights on cattle management, marketing strategies, and financial sustainability
• Just how valuable and necessary rest is
• How Marlene is in the business of adding value to the animals
• How vital it is to understand ourselves and our assets

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/applying-sell-buy-principles-in-a-seasonal-operation-with-marlene-moore-episode-8

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

In today’s episode, we welcome guest Wally Olson back onto the show to talk about sell buy market. In this conversation, we’re particularly focusing on cow-calf operations and seasonal grazing. We discuss how ranchers can optimize profitability by strategically managing cattle sales and purchases, considering factors like calving dates, market conditions, and the timing of sales. This episode offers practical strategies to help you as a rancher navigate the complexities of the cattle market effectively.

Wally is a firm believer in helping place an old head on young shoulders. Wally teaches cattle marketing schools and loves to help young people get started in ranching. For more information about Wally and to hear his story of ranching and learning visit his website www.olsonranchllc.com

In this episode, we cover:

• What to consider with this strategy when it comes to income tax implications
• The sell buy strategy doesn’t require any set of specific actions or a certain type of operation
• John’s take that sell buy is more of a philosophy than a technique
• Market dynamics and seasonal demand fluctuations

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/sell-buy-market-with-wally-olson-episode-7

Connect with Wally:

• Check out his website
• Wally’s Online Marketing Schools

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

On today’s episode, we have Rusty and Bud Williamson, co-owners of Williamson Land & Cattle, on the show to share their thoughts on the sentiment that the cattle market is high. The conversation highlights the complexities and nuances of the cattle market and how you can’t just simply say it’s high, because it depends on so many factors and angles. Overall, you need to know your goals and the financials of your individual operation in order to make good decisions.

In this episode, we cover:

• Implications of selling cattle at high prices and Importance of understanding replacement costs for cattle
• Financial considerations for ranchers when selling cattle
• Depreciation of cattle and its impact on financial decisions
• Timing of cattle sales and its effect on profitability
• Long-term strategy in ranch management
• Opportunities for ranchers in the current market
• Importance of proactive financial analysis and decision-making in ranch operations

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/the-cattle-market-is-high-with-bud-and-rusty-williamson-episode-6

Connect with Bud & Rusty:

• Check out their website
• Follow them on Facebook
• Follow them on Instagram

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Related Episodes:

• Episode 5: Marketing Breeding Stock with Bud and Rusty Williamson

Resources & Links:

• Book a Free Discovery Call to Learn More about Ranch Right
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

On today’s episode, we have Rusty and Bud Williamson, co-owners of Williamson Land & Cattle, on the show to talk all about marketing breeding stock. They discuss their transition from a traditional family ranch to a successful business in marketing breeding stock. The Williamsons share insights on overcoming challenges, the importance of effective marketing in the cattle industry, and strategies for maximizing profits. They emphasize understanding market demands, maintaining accurate data, and building strong customer relationships.

This episode will leave you with an understanding of how critical a well-structured marketing plan is in achieving long-term success in your business.

In this episode, we cover:

• Their journey from a traditional family ranch to a successful business in marketing breeding stock
• Challenges faced in existing marketing systems and the decision to explore direct marketing options
• Ideal customer profiles and the significance of accurate data for cattle sales
• Overview of their marketing process
• How building relationships through transparency and communication has served their business
• The value of marketing in our industry and encouragement for ranchers to prioritize marketing as a key component of their business strategy

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/marketing-breeding-stock-with-bud-and-rusty-williamson-episode-5

Connect with Bud & Rusty:

• Check out their website

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Book a Free Discovery Call to Learn More about Ranch Right
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE

In this episode of the Ranchonomics podcast, host John Haskell welcomes guest Aaron Helmick to talk all about sell buy marketing in sheep. They discuss how Aaron uses this strategy to optimize cash flow and profitability in his sheep and cattle operations. Aaron shares his journey into sell by marketing, the importance of building relationships with buyers and sellers, and the challenges of market fluctuations.

In this episode, we cover:

• How Aaron uses this strategy to optimize cash flow and profitability in his sheep and cattle operations
• The sheep bell curve and how it compares to the cow bell curve
• The importance of factoring in your desired lifestyle as you make strategic decisions in your operation
• Adopting sell-buy as a philosophy to apply in all aspects of life

Make sure to hit subscribe/follow so you never miss an episode!

Find the complete show notes here: https://www.ranchrightllc.com/post/applying-sell-buy-marketing-in-sheep-with-aaron-helmick-episode-4

Connect with Aaron:

• Follow on Facebook

Connect with Ranch Right, LLC:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Some of the links mentioned are affiliate links, which helps to support this podcast at no additional cost to you.

Resources & Links:

• Who Not How Book
• 10x is Easier than 2x Book
• Extreme Ownership Book
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

STRATEGIC RANCH SIMULATIONS: JOIN THE SIMS HERE