North American ranchers are the most productive in the world — but we are also the least profitable, and our ranches are therefore unsustainable in their current models.
We tend to work in our businesses, but we rarely work on our businesses — we know how to drive tractors and brand calves, but not how to build a cash flow or read a profit-and-loss statement.
And most ranchers don’t have a firm grip on their financial situations, either, with most having more than 90 percent of their money tied up in “fixed assets,” but very little working capital. Most ranchers are wealthy on their balance sheets, but broke at the bank.
Finally, most ranch businesses are structured to fight nature, instead of work with natural cycles and the environment. The result is economic, financial, environmental and personal stress.
A webinar will teach each participant how to start out with no land, no livestock and no time, and show them the three things they must do to build a sustainable ranching business from scratch. Each participant will learn why most ranches show a loss; how to overcome the challenge of no working capital; and what it takes to build a sustainable ranch business and earn a healthy profit.
The Archuleta County Extension Office will host the Ranching for Profit Webinar. The program speaker is Dave Pratt, a fifth-generation rancher who learned ranching working for northern California cattle and sheep producers. Dave earned a bachelor’s degree and a master’s degree from the University of California and Washington State University, respectively.
The session will be held Thursday, Dec. 9, from 9 a.m. to 4 p.m. at the Archuleta County Fairgrounds. The cost will be $40 per person or $70 per ranch couple and includes lunch. We will accept the first 20 persons registered due to space limitations. Please register by Monday, Dec. 5. Forms are available at the Archuleta County Extension Office or online at www.archuleta.colostate.edu. Call 264-5931 for more information.
Real Colors workshop
Archuleta County CSU Extension is excited to sponsor a Real Colors workshop on Thursday, Dec. 9, from 6:30-8:30 p.m. This workshop will be open to the public and held at the Pagosa Springs Youth Center located at 269 1/2 Pagosa Street.
Adult couples and singles are invited to attend,noting that this is not a program for children. Light refreshments will be served.
A $6 fee is requested to cover take home material costs.
Through Real Colors, you’ll gain a completely new perspective on yourself and the things that are most important to you. As you learn more about the colors, you’ll instinctively recognize characteristics of people you know, and their color. This knowledge gives you valuable insight into what is most important to them, why they may react to situations differently than others, how you can best communicate with them and much more. Please R.S.V.P. to the Extension Office at 264-5931 to attend Real Colors. This workshop will be limited to the first 30 persons to register.
USDA Meat and Poultry Hotline: (888) 674-6854.
The CSU Extension Office will be closed Thursday, Nov. 25, and Friday, Nov. 26.