3. Cow Depreciation and Cow Longevity with Wally Olson

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.comIn 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 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 Connect with Wally:Check out his websiteWally’s Online Marketing SchoolsConnect with Ranch Right, LLC:Subscribe on YouTube Follow on Instagram @ranchrightllcFollow on FacebookCheck out the websiteResources & Links:His Cavvy Foundation  Book a Free Discovery Call to Learn MoreRanching for Profit Ranching.FYI Wally Olson, Olson Ranch LLC Mentioned in this episode:At Ranch Right, we help producers build clarity around cash flow, margins, and risk so the decisions we talk about on Ranchonomics actually work in the real world. If you want fewer surprises and more control, that’s where to start. Click below to book a call today.Book a free discovery call