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Cow Depreciation and Cow Longevity with Wally Olson [episode 3]


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Listen to Cow Depreciation and Cow Longevity with Wally Olson  on: Apple Podcasts | Spotify | Your platform of choice  



In today’s episode, we welcome guest Wally Olson to the show to talk about cow depreciation and longevity. Wally argues that the traditional approach to cow depreciation is flawed and emphasizes the importance of tracking inventory value to improve profitability. He challenges the notion that cows cannot pay for themselves until they are eight years old and highlights the significance of capturing the appreciation of female cattle. The conversation covers the financial implications of cow-calf operations, the importance of reproductive efficiency, and strategic management of inventory value to build wealth in the ranching business. 


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, Cow Depreciation and Cow Longevity with Wally Olson, we cover: 

  • The importance of tracking inventory value for profitability 

  • Misconceptions about profitability of older cows 

  • The value of focusing on reproductive efficiency and profitability 

  • The Importance of heifer development and reproductive success 

 

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Related Episodes:  

 

More about the Ranchonomics podcast:  

Welcome to Ranchonomics, where we empower you to build a better ranch and transform your operation into a thriving business. This podcast is brought to you by Ranch Right LLC, and together we will look at essential strategies, mindsets, and processes needed to take command of your financials and master the business metrics that make all the difference. If you are ready to start winning at ranching, then you are in the right spot. 


With each episode of Ranchonomics, you will hear inspiring success stories, gain simple yet powerful financial literacy tips, and listen to insightful interviews with industry experts and real-life practitioners. 


Whether you are a seasoned rancher or just starting out, we believe that managing a ranch shouldn't mean drowning in paperwork or missing out on valuable opportunities. Our mission is to help you see the link between your daily ranching operations and your financials that allow you to go from chaos to clarity and achieve your goals. 


Join us as we explore the intersection of ranching and finance, helping you understand your numbers and make informed decisions that propel your business forward. 

Subscribe now and start your path to a more profitable, less stressful ranching experience with Ranchonomics. It's time to harness the full potential of your operation. 

 

 

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

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