Understanding the Cattle Market: Navigating Challenges with Cattle Business Systems

Balance 4 Ward Cattle feeding company based out of SW Iowa, focused on helping and creating more opportunities for the mid-market cattlemen Level the playing field for them so they can compete in the industry We primarily do two things as a company – We Feed Cattle. Provide Additional Services to Cattle Feeders to help them make more money One of those services being our Cattle Business Systems Addressing Challenges in Cattle Ranching: Could you elaborate on the various challenges cattlemen face on a daily basis? In what ways were these challenges impacting your profitability and competitiveness in the industry? As we record in Spring of 2024 what type of a market are we coming out of and what type of market are we currently sitting in? Cattle Business Systems What is it? Well, we recognize that cattlemen wear multiple hats every day and deal with lots of different people : Examples (scrap the pens, processing cattle, oh and your order buyer is calling you saying he’s got a good deal on cattle, while your broker is wanting you to trade the crush and hedge cattle…etc..) We faced the same thing in our operation, and therefore we weren’t competing in the industry. So we spent time and focused on who was winning in the industry and concluded that we needed to develop a team of people to help us align all of our decisions in our operation and keep us accountable Why does CBS work? The Concept Behind Cattle Business Systems: What inspired you to develop a team-based approach to tackling these challenges? How does Cattle Business Systems aim to align decisions within a cattle operation and ensure accountability? Empowering Cattlemen: What are ways we can empower cattlemen to make informed decisions? What advantages do some producers have over others? What is the vision of Balance4Ward for the future of the cattle market? What indicators have your crew/team been paying attention to? The Sale So, Cattle Business Systems, is a monthly membership, that includes a monthly meeting and gives them full access to our team along with full transparency of what we are doing in our own operation to help give them confidence to make decisions and get more of an equal advantage in the industry Our job is to meet with our clients every month, identify opportunities, help them prioritize those, and execute if needed. And if guys need help executing on those decisions, we have additional services through our platform that we can help them do that – B4W Advantage, B4W Feeders, New Balance Commodities, B4W Operations Why Balance4Ward? We do it, we have skin in the game Totally transparent on what we are doing in our own operation at B4W Everything from risk management, feed, operations, buying/selling of cattle, corn There is no conflict of interest – not trying to margin you into something else Example: How does this decision affect all the other ones I have to make in my operation Proactive in everything we do (18 months) – we try to maximize/ be the best at profit per head – not about to volume to us Separate the farmer vs. The feeder Contact us for more information. What are the next steps in learning more about us and what we have to offer? What is the best food you have ever eaten and where did you get it from? Don’t forget to like the podcast on all platforms and leave a review where ever you listen! Website www.Farm4Profit.com Shareable episode link https://intro-to-farm4profit.simplecast.com Email address Farm4profitllc@gmail.com Phone 515.207.9640 Subscribe to YouTube https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5Xqw Follow us on TikTok https://www.tiktok.com/@farm4profit Connect with us on Facebook https://www.facebook.com/Farm4ProfitLLC/ Want Farm4Profit Merch? Custom order your favorite items today! https://farmfocused.com/farm-4profit/ Don’t forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.com Shareable episode link: https://intro-to-farm4profit.simplecast.com Email address: Farm4profitllc@gmail.com Call/Text: 515.207.9640 Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5Xqw Follow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.