by Kit Pharo | Jun 5, 2024 | PCC™ Update
NOTE: This article is somewhat of a follow up to my previous Business or Hobby and Small Producers articles. It was originally shared in September of 2016. However, I have made several revisions. I am fortunate enough to know several very successful cattlemen who...
by Kit Pharo | May 29, 2024 | Kit Pharo, PCC™ Update
Deanna and I spent last Saturday and Sunday at the Professional Bull Riders (PBR) Finals in Fort Worth, Texas. Deanna’s sisters Donna and Debbie and Debbie’s husband Ron went with us. We always have a great time – no matter where we are. As I said last week,...
by Kit Pharo | May 27, 2024 | PCC™ Update
This article is a follow up to last week’s “Business or Hobby” article. It was first shared in January of 2022 in response to a question I had been asked by a relatively new subscriber in Arkansas. He asked, “What would be your recommendations for a small...
by Kit Pharo | May 22, 2024 | PCC™ Update
When most people think of cattle ranches, they think of wide-open spaces in the arid west where several hundred cows have thousands of acres to roam about. Those ranches exist – but they are not the norm. They probably never were the norm. The size of the average...
by Kit Pharo | May 15, 2024 | PCC™ Update, Quote Worth Re-Quoting
In commodity agriculture, average is breakeven at best. Below average producers are losing money. The only way they can stay in business is to subsidize the farm or ranch with outside income. At that point, the business becomes a hobby. Above average producers, on the...
by Bobby Thoman | May 8, 2024 | PCC™ Update, Quote Worth Re-Quoting
Sam Altman had a good piece of advice in the Farnam Street blog this week: “I think one thing that is a really important thing to strive for is being internally driven, being driven to compete with yourself, not with other people. If you compete with other people, you...
