WHITE COUNTY, Ind. — Indiana pasture owners and forage producers will learn how to transform their pastures into businesses and to successfully transition their operations from one generation to the next at the “Ranching for Profit – The 3 Secrets for Increasing Profit” workshop on June 14 at the White County Fairgrounds.
The workshop will be conducted by Dave Pratt of Ranch Management Consultants and is generously being sponsored by: Alliance Bank, Carlson Crop and Hail, Dairyland Seed, Farm Credit Mid-America, Fisher & Associates, and Garrot-Keller-Conrad Insurance Agency. Anyone with livestock on pasture including: beef, swine, poultry, goats and sheep; who is interested in taking a more business-like approach to their farm is encouraged to attend.
Dave Pratt is the president and CEO of Ranch Management Consultants (RMC), who have been offering their “Ranching for Profit School” to great acclaim throughout North America for over 25 years. Prior to RMC, he also worked as a Range and Livestock Advisor with the University of California Cooperative Extension Service for 14 years, researching management intensive grazing and strategic issues impacting the profitability of ranches. Furthermore, he is the author of the 2013 book “Healthy Land, Happy Families and Profitable Businesses.”
In this entertaining and thought-provoking workshop, Dave will be asking participants to think about their pastureland as a business. He will also explain the three “secrets” for increasing profit and share RMC’s “7 step profit planning process.” Additionally, participants will use RMC’s profitability benchmarks to identify “deadwood” and pinpoint “profit drivers” for their own pastureland.
According to Dave, “Knowing how to raise livestock isn’t the same thing as knowing how to run a business that raises livestock.”
The goal of this workshop will be to help attendees think about transforming their pasture-based livestock operations into real businesses with increased profit, less work and a more successful approach to management and ownership succession. To learn more about Dave and Ranch Management Consultants visit the website: https://ranchmanagement.com/
This program will be held at the White County 4-H Community Building (12 N 25 E, Reynolds). Registration for the program will begin at 8:30 a.m. with the program following at 9 a.m. This workshop will include the “Ranching for Profit” seminar with Pratt, followed by a catered lunch. After lunch, attendees are invited to participate in a pasture walk with Dave that will be held at Holy Cow Farm Fresh in Monon (10498 N US 421).
The cost of the program is $50 for the first member of the farm/family or business and $10 for each additional member to cover the cost of lunch. Space is limited and interested participants should RSVP to the Purdue Extension Office of White County at 219-984-5115 or awestfal@purdue.edu by June 1, with payments being accepted at the door.
This workshop is going to be filmed for a documentary project about the role of animals in sustainable agriculture. There will be releases to sign when you arrive, however, anyone not wishing to be filmed can let the crew know.
— Andrew Westfall, White County Ag Extension Educator
Purdue University Extension
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