In today’s episode, host John Haskell welcomes back Wally Olson to talk all about market sales and effective selling and buying strategies in the cattle industry. We are discussing the importance of focusing on forward-looking relationships rather than past prices and how using simple math allows you to analyze costs and returns. Wally is also sharing insights into managing inventories, understanding intrinsic values, tax strategies, and strategic approaches for maximizing your profitability.

In this episode, we cover:

• Market relationships and the importance of forward-looking relationships
• Trusting the math when it comes to selling and buying
• Effective tax strategies that can benefit you and your business
• Calculating the intrinsic value of cows

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

Find the complete show notes here: https://www.ranchrightllc.com/post/market-sales-with-wally-olson-episode-20

Connect with Wally:

• Check out his website
• Wally’s Upcoming 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:

Learn more about Ranch Right, LLC

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In this episode of the Ranchonomics podcast, host John Haskell is joined by high-performance leadership expert Bob Palmer. Bob brings a wealth of experience from his work with athletes and business leaders, and is sharing his knowledge on how mental and physical strategies can transform performance not only in sports but in everyday life. We are discussing the Zone Rancher course, what the zone is and how to sustain it, tools for consistent growth, and the importance of high performance in business and in personal life.

In this episode, we cover:

• Understanding the mental game in high performance
• What the zone is and how to sustain it
• Tools for Consistent Performance
• The importance of high performance
• Family and couples dynamics in leadership

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

Find the complete show notes here: https://www.ranchrightllc.com/post/why-you-want-to-be-in-the-zone-with-bob-palmer-episode-19

Connect with Bob:

• Check out his website
• Follow him on Instagram
• Check out the Zone Rancher Course
• Email him at bpalmer@sportexcel.ca

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:

Zone Rancher Course

In this episode, host John Haskell reconnects with Wally Olson to discuss the differences between how ranch owners and ranch managers think. Wally is providing valuable insight into these unique dynamics through his personal experience as a ranch manager and as a ranch lessee. We discuss the importance of resource management for the benefit of all stakeholders and how effective management is essential for ensuring a successful and sustainable business. We also dive into the differences in motivations and long-term goals between owners and managers, why preparedness is crucial in ranching, and the constraints of owning a ranch.

In this episode, we cover:

• The owner’s versus the manager’s perspectives
• Risk tolerance and motivation
• The differences between managing a ranch and leasing and operating your own ranch
• How owning a ranch can add constraints

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

Connect with Wally:

• Check out his website
• Wally’s Upcoming 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:

Zone Rancher Course

In today’s episode, host John Haskell is joined by Jordan Steele to discuss the importance of annual tax planning for those in the farming and ranching industry. Jordan shares the importance of maintaining accurate records throughout the year and potential tax liabilities that come with running a profitable business. Jordan also offers valuable insight into various factors that should be considered in tax planning, including what has already occurred in terms of income and expenses, what is projected for the remainder of the year, and potential strategies to manage tax obligations.

In this episode, we cover:

• Using the remainder of the year to prepare and plan for taxes
• Strategies for managing tax liabilities
• An overview of capital purchases, depreciation, and tax strategies
• Why you should fill the bottom tax brackets every year

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

Find the complete show notes here: https://www.ranchrightllc.com/post/annual-tax-planning-with-jordan-steele-episode-17

Connect with Jordan:

• Email him at jordan@ranchingforprofit.com
• Ranching for Profit

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:

Zone Rancher Course

In this episode of the Ranchonomics podcast, host John Haskell welcomes guest Dallas Mount, to discuss the value of continuing education within the ranching industry. John and Dallas explore why even during financially challenging times, investing in education is crucial for the growth and sustainability of your ranching business.

In this episode, we cover:

• That meaningful professional development usually requires stepping away from the daily operations to gain new perspectives and knowledge
• Investing in your education should be a part of your annual business plan and budgeted for accordingly
• Common reservations and fears about investing in education
• Viewing continuing education not as an expense, but as an investment with long-term returns

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

Find the complete show notes here: https://www.ranchrightllc.com/post/value-of-continuing-education-with-dallas-mount-episode-16

Connect with Dallas:

• Follow on Facebook
• Connect with on LinkedIn
• Follow on Instagram
• Website: http://ranchmanagement.com

Connect with Ranch Right, LLC:

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

Related Episodes:

• Episode 4: Applying Sell Buy Marketing in Sheep with Aaron Helmick

Resources & Links:

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

Mentioned in this episode:

Zone Rancher Course

In this episode of the Ranchonomics podcast, host John Haskell has on guest Aaron Reese of Provident Meat Company in Fillmore, Utah to visit about his meat processing business. Aaron shares his journey of starting a meat processing plant during the pandemic and the challenges faced, specifically navigating government regulations. The discussion emphasizes the importance of effective communication between ranchers and processors, understanding beef grading, and managing expectations.

In this episode, we cover:

• Overview of the meat processing business and its complexities
• Challenges faced by smaller meat processors in a competitive industry
• Importance of understanding beef grading and quality standards
• Navigating custom cuts and managing customer expectations
• The significance of building strong relationships between ranchers and processors

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

Connect with Aaron:

• Check out their website
• Follow on Instagram @providentmeatcompany
• Follow on Facebook

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:

Zone Rancher Course

Today’s episode is part two of a two-part series about market timing. Host John Haskell sits down with guest Bob Metzger to talk about expected returns and market risks to borrowing strategies and tax advantages. Bob shares valuable insights on cattle market dynamics, the importance of long-term investment strategies, and the critical need for continuous learning in the livestock business.

Bob Metzger is an Ag Econ graduate from Oklahoma State. He was formerly Vice President of Investments with A.G. Edwards, the fifth largest brokerage firm nationwide. Bob managed client assets of 180 million using stocks, bonds, mutual funds, and ETFs. Currently, Bob has a ranch in Hugo, Oklahoma and grazes cattle in various locations. He is a devotee of Bud Williams’ marketing and stockmanship.

Make sure to catch episode 13 which was Part 1 of this two-part series.

In this episode, we cover:

• The economics of equity investing versus livestock investments
• Advantages of attending marketing schools and gaining practical skills
• The myth of modern financial struggles
• Timeless advice to control what you can and ignore the noise

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

Find the complete show notes here: https://www.ranchrightllc.com/post/market-timing-with-bob-metzger-part-2-episode-14

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:

Zone Rancher Course

Today’s episode is part one of a two-part series about market timing. Host John Haskell sits down with guest Bob Metzger to talk about market valuation, timing, and investment strategies in both the stock and cattle markets. Bob underscores the importance of staying invested, leveraging consistent reinvestment strategies, and the power of compound growth.

Bob Metzger is an Ag Econ graduate from Oklahoma State. He was formerly Vice President of Investments with A.G. Edwards, the fifth largest brokerage firm nationwide. Bob managed client assets of 180 million using stocks, bonds, mutual funds, and ETFs. Currently, Bob has a ranch in Hugo, Oklahoma and grazes cattle in various locations. He is a devotee of Bud Williams’ marketing and stockmanship.

Tune in to learn about effective market risk management and how a disciplined investment approach can yield substantial long-term benefits.

In this episode, we cover:

• Common mistakes in market timing
• Influence of emotions (fear and greed) on market valuations and how staying invested can help mitigate emotional decision-making
• Some examples and stories of the cost of poor market timing and long-term financial loss
• Importance of long-term investment in cattle to manage market fluctuations

Connect with Ranch Right, LLC:

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

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

Find the complete show notes here: https://www.ranchrightllc.com/post/market-timing-with-bob-metzger-part-1-episode-13

Resources & Links:

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

Mentioned in this episode:

Zone Rancher Course