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Relationship Between Gross Product and Grazing Management with Travis Krause [episode 51]

  • ranchrightllc
  • 2 days ago
  • 3 min read

header graphic for Relationship Between Gross Product and Grazing Management with Travis Krause [episode 51]

Listen to Relationship Between Gross Product and Grazing Management with Travis Krause on: Apple Podcasts | Spotify | Your platform of choice  



In this episode, host John Haskell and guest Travis Krause discuss the relationship between gross product and grazing management. Travis is a new member of the Ranch Right team helping out on the consulting side, and he's here to talk about how whole ranch profitability ultimately ties back to some of those first decisions you make about running your cows.

 

John and Travis define gross product as the total economic value of livestock produced and explain how it impacts gross profit and net income. Travis emphasizes the importance of grazing management in balancing carrying capacity and stocking rate to optimize forage utilization and profitability. They also stress the importance of incremental steps in grazing management to avoid operational challenges and optimize where you can before considering buying new properties.



In this episode, Relationship Between Gross Product and Grazing Management with Travis Krause, we cover: 

  • The importance of carrying capacity and stocking rate in grazing management

  • An example of forage utilization rate and its impact on stocking rate and gross product

  • The constraints and direct costs associated with increasing the stocking rate

  • A reminder to optimize current land before expanding and the benefits of incremental steps in increasing stocking rate


Meet Travis Krause:

Travis Krause grew up on a ranch near D’Hanis, TX that has been in his family since 1846. After studying Wildlife and Fisheries Sciences at Texas A&M University, he worked abroad for a number of years in India and Central Africa. He eventually found his way home and started a direct-to-consumer meat business. He and his wife, Mandy, built Parker Creek Ranch into a profitable business that they continue to operate today. 


In 2019, Travis went to work for a private equity firm, SoilWorks Natural Capital, located in San Antonio. There, he was the CEO of GrazingLands, managing ranch assets and livestock. He was also a Venture Partner for the firm, where he helped build multiple startups and early-stage acquisitions. More recently, he served as VP of Highland Beef, a multinational beef and tech company, managing supply chain logistics. 


Travis has an intimate understanding and knowledge of ranching and business. He is an avid reader and writer who enjoys learning and disseminating his knowledge to help others. In his free time, Travis and his wife enjoy gardening, camping, hunting, and fishing with their three boys.

  

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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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