Today’s special guest is Walter Lynn and we’re talking all about building working capital and the importance of our approach to it right now. Walter explains the significance of understanding the dollar amount of working capital, maintaining liquidity, and setting appropriate targets. The conversation also covers strategies for improving working capital and navigating market cycles, providing practical advice for ranchers to manage their financial health effectively.

Walter Lynn has a decades-long portfolio of experience working with NGOs, businesses and industry leaders involved in all facets of production agriculture, agribusiness and conservation. He currently serves as a board member and was past chair of Holistic Management International. He had a niche CPA firm that worked with Ag producers in approximately 15 states with an awesome team from Springfield, Illinois.

In this episode, we cover:

• What exactly working capital is and the basic components of it
• How to improve working capital and how it changes
• The significance of understanding liquidity and its impact on financial health

Resources & Links:

• Book a Free Discovery Call to Learn More

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Connect with Walter:

• Follow on X/Twitter @bovineacct

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

Find the complete show notes here: https://www.ranchrightllc.com/post/building-working-capital-with-walter-lynn-episode-10

In this episode of the Ranchonomics podcast, we welcome guest Wally Olson to discuss working with cattle buyers. Something we hear often is how challenging it can be to work with cattle buyers; but they’re an important part of the business so today we’re sharing some advice on how to work better with cattle buyers. We’re also diving into various selling strategies and options, building strong relationships, and transparent communication.

Wally Olson 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, we cover:

• Advice on how to work better with cattle buyers
• Various selling strategies and options such as local sale barns, video auctions, and selling privately
• The power of communicating up front about expectations, and differences in culture and regions
• What the concept of one degree of separation is
• Utilizing these professionals – their time, expertise, equipment – to grow your business

Resources & Links:

• Book a Free Discovery Call to Learn More

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Connect with Wally:

• Check out his website
• Wally’s Online Marketing Schools

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

Find the complete show notes here: https://www.ranchrightllc.com/post/working-with-cattle-buyers-with-wally-olson-episode-9

On today’s episode, we welcome special guest, Marlene Moore onto the show to talk all about applying the principles of sell/buy in a seasonal operation. She shares insights on cattle management, marketing strategies, and financial sustainability. Marlene emphasizes the importance of continuous education, effective cash management, and regenerative practices. Her innovative approach showcases a great example of a successful and sustainable ranching operation.

Marlene and her husband, Dwight Maseberg, own and operate Shamrock Ranches near Wallace, Nebraska. Shamrock Ranches has been in Moore's family since 1949 and Marlene took over in 1982.

In this episode, we cover:

• Her background and influences in ranching
• Her insights on cattle management, marketing strategies, and financial sustainability
• Just how valuable and necessary rest is
• How Marlene is in the business of adding value to the animals
• How vital it is to understand ourselves and our assets

Resources & Links:

• Book a Free Discovery Call to Learn More

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

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

Find the complete show notes here: https://www.ranchrightllc.com/post/applying-sell-buy-principles-in-a-seasonal-operation-with-marlene-moore-episode-8

In today’s episode, we welcome guest Wally Olson back onto the show to talk about sell buy market. In this conversation, we’re particularly focusing on cow-calf operations and seasonal grazing. We discuss how ranchers can optimize profitability by strategically managing cattle sales and purchases, considering factors like calving dates, market conditions, and the timing of sales. This episode offers practical strategies to help you as a rancher navigate the complexities of the cattle market effectively.

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, we cover:

• What to consider with this strategy when it comes to income tax implications
• The sell buy strategy doesn’t require any set of specific actions or a certain type of operation
• John’s take that sell buy is more of a philosophy than a technique
• Market dynamics and seasonal demand fluctuations

Resources & Links:

• Book a Free Discovery Call to Learn More

Connect with Wally:

• Check out his website
• Wally’s Online Marketing Schools

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

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

Find the complete show notes here: https://www.ranchrightllc.com/post/sell-buy-market-with-wally-olson-episode-7

On today’s episode, we have Rusty and Bud Williamson, co-owners of Williamson Land & Cattle, on the show to share their thoughts on the sentiment that the cattle market is high. The conversation highlights the complexities and nuances of the cattle market and how you can’t just simply say it’s high, because it depends on so many factors and angles. Overall, you need to know your goals and the financials of your individual operation in order to make good decisions.

In this episode, we cover:

• Implications of selling cattle at high prices and Importance of understanding replacement costs for cattle
• Financial considerations for ranchers when selling cattle
• Depreciation of cattle and its impact on financial decisions
• Timing of cattle sales and its effect on profitability
• Long-term strategy in ranch management
• Opportunities for ranchers in the current market
• Importance of proactive financial analysis and decision-making in ranch operations

Resources & Links:

• Book a Free Discovery Call to Learn More about Ranch Right

Connect with Bud & Rusty:

• Check out their website
• Follow them on Facebook
• Follow them on Instagram

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Related Episodes:

• Episode 5: Marketing Breeding Stock with Bud and Rusty Williamson

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

Find the complete show notes here: https://www.ranchrightllc.com/post/the-cattle-market-is-high-with-bud-and-rusty-williamson-episode-6

On today’s episode, we have Rusty and Bud Williamson, co-owners of Williamson Land & Cattle, on the show to talk all about marketing breeding stock. They discuss their transition from a traditional family ranch to a successful business in marketing breeding stock. The Williamsons share insights on overcoming challenges, the importance of effective marketing in the cattle industry, and strategies for maximizing profits. They emphasize understanding market demands, maintaining accurate data, and building strong customer relationships.

This episode will leave you with an understanding of how critical a well-structured marketing plan is in achieving long-term success in your business.

In this episode, we cover:

• Their journey from a traditional family ranch to a successful business in marketing breeding stock
• Challenges faced in existing marketing systems and the decision to explore direct marketing options
• Ideal customer profiles and the significance of accurate data for cattle sales
• Overview of their marketing process
• How building relationships through transparency and communication has served their business
• The value of marketing in our industry and encouragement for ranchers to prioritize marketing as a key component of their business strategy

Resources & Links:

• Book a Free Discovery Call to Learn More about Ranch Right

Connect with Bud & Rusty:

• Check out their website

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

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

Find the complete show notes here: https://www.ranchrightllc.com/post/marketing-breeding-stock-with-bud-and-rusty-williamson-episode-5

In this episode of the Ranchonomics podcast, host John Haskell welcomes guest Aaron Helmick to talk all about sell buy marketing in sheep. They discuss how Aaron uses this strategy to optimize cash flow and profitability in his sheep and cattle operations. Aaron shares his journey into sell by marketing, the importance of building relationships with buyers and sellers, and the challenges of market fluctuations.

In this episode, we cover:

• How Aaron uses this strategy to optimize cash flow and profitability in his sheep and cattle operations
• The sheep bell curve and how it compares to the cow bell curve
• The importance of factoring in your desired lifestyle as you make strategic decisions in your operation
• Adopting sell-buy as a philosophy to apply in all aspects of life

Resources & Links:

• Who Not How Book
• 10x is Easier than 2x Book
• Extreme Ownership Book
• Book a Free Discovery Call to Learn More

Some of the links mentioned are affiliate links, which helps to support this podcast at no additional cost to you.

Connect with Aaron:

• Follow on Facebook

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

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

Find the complete show notes here: https://www.ranchrightllc.com/post/applying-sell-buy-marketing-in-sheep-with-aaron-helmick-episode-4

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, 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

Resources & Links:

• His Cavvy Foundation
• Book a Free Discovery Call to Learn More

Connect with Wally:

• Check out his website
• Wally’s Online Marketing Schools

Connect with Ranch Right, LLC:

• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

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

Find the complete show notes here: https://www.ranchrightllc.com/post/cow-depreciation-and-cow-longevity-with-wally-olson-episode-3