Ranching for Profit Workshop

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Ranching for Profit Workshop

October 12, 2023 @ 9:00 am - October 13, 2023 @ 5:00 pm

$100 – $150

This Ranching for Profit Workshop is designed for producers looking to transform their operation into a profitable business with less work and stress. Workshop attendees will dive deeper into the principles behind farm economics and increasing farm profitability, giving you the tools and insights you need to improve your business.

Day 1 (Oct 12th): Three Secrets for Increasing Profits

  • Setting a profit target and working backwards to achieve it
  • Project profit or loss using the RFP 7-step profit planning model
  • Use benchmarks to identify your profit drivers and find your “dead wood”
  • Restructuring your operation for profitability

Day 2 (Oct 13th): Cattlemen vs. Grassmen – Economic Leverage of Grazing

  • The value of cattle vs. the value of grass
  • Stocking rate vs. carrying capacity
  • Soil health is the foundation of ag business health
  • Applying the 3 secrets for increasing profits into the 5 cell grazing principles

This 2-day workshop will be taught by Dallas Mount, one of the experts on the Ranching for Profit team and current owner of Ranch Management Consultants. Dallas has sat at hundreds of kitchen tables and delivered workshops to thousands of ranchers across the US, Canada, and Australia to help them improve the profitability and overall health of their businesses.

The workshop will feature a small group approach with team and class discussions, case studies, videos, constant interaction, and direct application to the participants’ own situation to make for a fun and effective learning environment.

The event runs from 9 AM to 5 PM each day. Lunch will be provided each day. If you have questions or need assistance please contact your local county Extension office or the Western Maryland Research and Education Center at 301-432-2767. If you need reasonable accommodation to participate in any event or activity please contact us at least 2 weeks prior to the event.

This event is brought to you by University of Maryland Extension, the Maryland-Delaware Forage Council, the Maryland Grazers Network, and NE SARE. Thank you to our event partners!

More information regarding registration can be found here.


*University of Maryland Extension programs are open to all and will not discriminate against anyone because of race, age, sex, color, sexual orientation, physical or mental disability, religion, ancestry, or natural origin, marital status, genetic information, political affiliation, or gender identity and expression. If you need reasonable accommodation to participate in any event or activity please contact us at least 2 weeks prior to the event.*

Details

Start:
October 12, 2023 @ 9:00 am
End:
October 13, 2023 @ 5:00 pm
Cost:
$100 – $150
Website:
https://www.eventbrite.ca/e/ranching-for-profit-workshop-tickets-713863193027?aff=oddtdtcreator

Organizer

Western Maryland Research & Education Center (WMREC)
Phone
301-432-2767 x339
Email
agrev@umd.edu
View Organizer Website

Venue

Howard County Fairgrounds
2210 Fairgrounds Road
West Friendship, MD 21794 United States
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