Ranchonomics

John Haskell, Ranch Right LLC

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.

  1. hace 14 h

    111. When Prices Are Too Good to Be True — Steve Kenyon on the Cattle Cycle and Custom Grazing

    Cattle prices are high, but how long can the good times last? In this episode, John Haskell sits down with Canadian rancher and longtime custom grazer Steve Kenyon to talk about the cattle cycle, what history can teach us about today's market, and why trying to predict the exact top or bottom may be a losing game. Steve shares lessons from more than 30 years in the cattle business, including how gross margin analysis led him to sell his own herd and build a custom grazing operation. The conversation explores the market disruptions Steve has experienced firsthand, from drought and BSE to today's record cattle prices, and why outside forces can make the traditional 10-year cattle cycle harder to predict. John and Steve also discuss the danger of expanding simply because prices are good, why producers should be planning for the next downturn while times are profitable, and how strategies like Sell/Buy Marketing can help ranchers make decisions based on margins rather than trying to time the market. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: Why today's high cattle prices have Steve thinking about the next market downturnWhether the traditional 10-year cattle cycle still applies in today's marketHow drought, BSE, world events, and other outside forces can disrupt cattle marketsWhy Steve sold his cow herd even though cattle prices were strongHow gross margin analysis changed the direction of Steve's ranching businessWhy high cattle prices aren't necessarily a signal to expand your herdThe risks of trying to predict the exact top or bottom of the cattle marketWhy producers should make a plan for changing markets before prices turn Connect with Steve: Follow on FacebookFollow on YouTube Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars here Resources & Links: Episode 13: Market Timing with Bob Metzger - Part 1Episode 14: Market Timing with Bob Metzger - Part 2Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: Join us online, ask questions, and get practical tools you can put to work tomorrow. Follow us on Facebook, Instagram, and LinkedIn to receive updates on our next session. Click the link below to catch up on all of our past webinars on YouTube. Webinars

  2. hace 5 días ·  Contenido extra

    Kevin & Mandy Wiltse — The Farm That Keeps Changing (And Why That's the Point) [Ranchonomics Stories Ep 10]

    In this episode of Ranchonomics Stories, John Haskell sits down with Kevin and Mandy Wiltse to explore how their farm has evolved over the years as they learned what worked, what didn't, and what the land needed next. What began as a conventional cropping system gradually shifted toward cover crops, livestock integration, and perennial forage as Kevin recognized the limitations of their previous system. Rather than trying to find one perfect formula, they have continued experimenting, observing, and adapting their approach to embrace a farm that keeps changing. Kevin and Mandy also share how Ranching for Profit helped them rethink their goals and make changes that have created less stress, healthier soil, and greater profitability. They discuss transitioning acres gradually, building flexibility into the farm business, learning from mentors outside their local community, and using rest and grazing management to make the most of their land. Their story is a reminder that successful management is not about sticking with a plan forever, but continuing to learn and make better decisions as circumstances change. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: How Kevin and Mandy moved from conventional cropping to a system centered on cover crops, livestock, and perennial forageWhy they learned that no-till alone wasn't solving their soil and weed challengesHow livestock integration and forage production have increased net profit per acre while reducing costsWhy they transition acres gradually instead of converting the entire farm at onceHow building a flexible system allows them to shift between forage and cash crops as conditions and markets changeWhat Kevin has learned by experimenting with grazing management, including the value of resting pastures for a full seasonWhy having clear goals, supportive partnerships, and a willingness to keep learning has helped them navigate difficult years and build a business they feel good about Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars here Resources & Links: Green Cover Seed Podcast: Building a Drought Resilient Grazing Operation Using Perennials and Cover Crops with Kevin WiltseGreen Cover Seed Podcast: Kevin Wiltse - Integrating Livestock Producer Stories Webinar SeriesBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

    Kevin & Mandy Wiltse — The Farm That Keeps Changing (And Why That's the Point) [Ranchonomics Stories Ep 10]
  3. 11 ago

    110. Know Your Worth: The Business Value of a Rancher's Time | Amos Troester

    Your time is one of the most valuable assets in your business, but are you actually treating it that way? In this episode, John Haskell and Amos Troester explore how ranchers can increase their profitability by understanding the opportunity cost of their time, focusing on high-value work, and putting the right people in the right roles. From buying and selling cattle to planning ahead and learning from others' experience, Amos shares how knowing your worth and better time management can create significant value without simply working more hours. The conversation digs into the real economics of delegation, employee strengths, and focus. Amos and John discuss how to calculate what your time is worth, why paying someone else to handle a lower-value task can actually make you money, and how clear roles, trust, and planning allow everyone on the team to work where they create the most value. They also explore how continually improving your skills can increase the value of your time as your business evolves. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: Why time is one of the most valuable assets in your ranching businessHow learning from other people's experience can help you avoid costly mistakesWhy planning ahead can help you save time and avoid unnecessary workHow to calculate the opportunity cost of your time and identify your highest-value workWhy putting the right people in the right roles can dramatically increase efficiencyHow trust and clear responsibilities help ranch teams stay focused and productiveWhy continually increasing your skills and value is essential to long-term business growth Connect with Amos: Follow on FacebookCheck out his websiteSend an email at TBarACattle@gmail.com Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars here Resources & Links: Buy Back Your Time by Dan MartellSlackBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

  4. 6 ago ·  Contenido extra

    The Sims Family (Part 2) — How the Sims Family Keeps Getting Better With Every Generation [Ranchonomics Stories Ep 9]

    In Part 2 of the Sims family's story, John Haskell continues the conversation, focusing on how their approach to ranching has continued to evolve across generations. They discuss changes to grazing management, calving dates, genetics, and drought planning, along with the lessons they've learned from testing new ideas and paying attention to what the land and cattle are telling them. The conversation also dives into what it takes to build a family business that gets better with every generation. The Sims family shares how they approach succession, involve the next generation, create space for different perspectives, and use regular strategy meetings to make sure everyone has an opportunity to be heard. At the heart of their story is a commitment to continued learning, experimentation, and listening, both to the people around the table and to the land itself. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: How the Sims family has continued evolving its grazing and drought management strategiesWhy they changed their calving date and how that decision affected weaning weights and economicsHow adaptive genetics and experimentation have shaped their cattle operationWhat the Sims family has learned about bringing the next generation into the ranch at the right timeHow regular strategy meetings give every family member a chance to contributeWhy listening, observation, and monitoring are essential skills for both ranch management and family businessHow a commitment to continued learning and trying new ideas keeps the ranch moving forward Connect with the Sims: Check out their website Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars here Resources & Links: Ranchonomics Stories Episode 8. The Sims Family (Part 1) — From $2 an Acre to a Four-Generation RanchBook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

    The Sims Family (Part 2) — How the Sims Family Keeps Getting Better With Every Generation [Ranchonomics Stories Ep 9]
  5. 4 ago

    109. How to Build a More Resilient Farm Business with Cover Crops — Kevin Wiltse

    In Part 2 of John Haskell's conversation with Kevin Wiltse, the focus shifts from implementing cover crops to building a resilient farming business that can withstand changing markets and weather. Kevin explains why resilience comes from designing flexible production systems, reducing dependence on expensive inputs, and treating forage as a profitable enterprise rather than simply a tool for soil health. By integrating livestock, perennial forages, and annual crops, he shares how his operation has become more adaptable while improving both profitability and land stewardship. The conversation also explores the importance of making management decisions based on economics instead of tradition. Kevin discusses when annuals outperform perennials, why he adjusts his cropping plans based on projected profitability, and how lowering operating costs helped eliminate the need for an annual operating loan. The episode offers practical insights for producers looking to build businesses that are financially resilient, environmentally sustainable, and prepared to adapt as conditions change. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: Why perennial and annual forage systems each have a place in a resilient farming operationHow integrating livestock can reduce costs while improving soil health and profitabilityThe management changes that allowed Kevin to eliminate the need for an annual operating loanWhy projected losses should trigger a change in management, not business as usualHow flexible forage systems create opportunities to custom graze cattle and generate additional revenueWhy profitable farms are managed as integrated systems, not individual enterprises Connect with Kevin: Green Cover Seed Podcast: Building a Drought Resilient Grazing Operation Using Perennials and Cover Crops with Kevin WiltseGreen Cover Seed Podcast: Kevin Wiltse - Integrating Livestock Producer Stories Webinar Series Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars here Resources & Links: Covers & Co.Green CoverNo-till on the PlainsCCTABook a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

  6. 30 jul ·  Contenido extra

    The Sims Family (Part 1) — From $2 an Acre to a Four-Generation Ranch [Ranchonomics Stories Ep 8]

    In this Ranchonomics Stories episode, John Haskell sits down with the Sims family to trace the roots of a ranching operation that began with leased ground at $2 an acre and has grown into a thriving four-generation business. Scott and April Sims, along with their son Shannon and daughter-in-law Melinda, reflect on the pivotal decisions, financial challenges, and mindset shifts that shaped their four-generation ranch over the years. From surviving periods of heavy debt to embracing new management ideas, they share how a willingness to learn and adapt laid the foundation for future generations. The conversation also explores the power of a shared family vision and the role it has played in guiding major business decisions. The Sims family discusses developing a holistic vision, creating space for every family member's voice, and using that vision to evaluate opportunities, genetics, grazing management, and long-term succession. More than anything, this episode is about building a ranch that reflects shared values while preparing the next generation for success. Stay tuned for part 2 of this conversation. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: How the Sims family grew a ranching business from leased ground into a four-generation operationThe financial decisions that helped them overcome debt and improve profitabilityWhy creating a shared family vision became a turning point for the businessHow their vision guided decisions around adaptive genetics, grazing, and business growthWhy embracing new ideas and calculated risks has shaped each generation of the ranchThe importance of building a business that creates opportunities for future generations Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars here Resources & Links: Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

    The Sims Family (Part 1) — From $2 an Acre to a Four-Generation Ranch [Ranchonomics Stories Ep 8]
  7. 28 jul

    108. Cover Crops, Cattle & Cash Flow: A Better Ranch Management Strategy — Kevin Wiltse

    Can cover crops actually make your operation more profitable? In this episode, John Haskell sits down with Kansas farmer and rancher Kevin Wiltse to discuss how integrating livestock into a dryland cropping system has transformed the economics of his operation. Kevin shares how his family's fifth-generation farm shifted from viewing cover crops as an expense to treating them as a profitable forage enterprise, creating additional income while reducing herbicide and fertilizer costs. The conversation explores the practical realities of making cover crops work in a semi-arid environment, including grazing management, species selection, seed costs, and measuring profitability. Kevin explains why success comes from evaluating the entire system instead of individual enterprises, and how stacking multiple sources of revenue on the same acres has helped his operation remain profitable, even during challenging years for traditional row crop farming. Stay tuned for Part 2 of this conversation. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: Why Kevin transitioned from viewing cover crops as a cost to treating them as a forage enterpriseHow integrating livestock can offset lower crop yields through additional revenue and reduced input costsPractical guidelines for selecting cover crop species and managing grazing in a dryland systemHow cover crops have reduced herbicide and fertilizer costs on Kevin's operationHow stacking livestock, forage, seed production, and cash crops can significantly increase profit per acreWhy adapting farming systems to local rainfall and growing conditions is essential for long-term success Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the website Check out all of our past webinars here Resources & Links: Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

  8. 23 jul ·  Contenido extra

    Brian & Jill Munger — Help Enough People and Everything Else Follows [Ranchonomics Stories Ep 7]

    In this episode of Ranchonomics Stories, John Haskell sits down with Brian and Jill Munger to share the journey of building a diversified ranch business while continually creating new opportunities. From taking over family responsibilities at a young age to expanding into registered cattle, custom grazing, educational ventures, and even hospitality, the Mungers reflect on the decisions, relationships, and mindset that have shaped their business. Their story is one of embracing change, saying yes to opportunity, and learning that growth often comes from stepping outside your comfort zone. Throughout the conversation, Brian and Jill discuss balancing family and business, navigating rapid growth, and the challenge of deciding what deserves their time and attention. They share lessons on leadership, succession planning, continuous learning, and the value of building strong relationships throughout the ranching industry. More than anything, this episode is about living with a mindset of service, believing that when you help enough other people succeed, success has a way of following. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: How Brian and Jill built a diversified business by continually pursuing new opportunitiesWhy relationships have been one of the greatest drivers of their successThe challenges of balancing multiple businesses while protecting time and focusLessons learned from expanding into hospitality and other non-traditional venturesHow Brian and Jill are preparing for succession and the next generationWhy continuous learning and personal development have shaped their journey Connect with Ranch Right: Subscribe on YouTube Follow on Instagram @ranchrightllc Follow on Facebook Check out the websiteCheck out all of our past webinars here Resources & Links: Book a Free Discovery Call to Learn More Ranching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode: We work with producers on cash flow, risk management, and long-term financial strategy so the business stays resilient—no matter the market. If you want to see whether that’s the right fit for your operation, click below to book a free call. Book a free discovery call

    Brian & Jill Munger — Help Enough People and Everything Else Follows [Ranchonomics Stories Ep 7]

Acerca de

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.