Subscribe to Our Newsletters
BEEF Magazine is the source for beef production, management and market news.
Low-cost production and improving gross margin per unit are important if wanting to make a profit in the cattle business. In his most recent column, Alan Newport explores various measures of profitability and why they matter.
April 28, 2015
We tend to get our understanding of profit measurements confused. At least I do.
Last week, I had lunch and a good conversation with my old friend Jay Franklin, a no-till farmer from Vinita, Okla., who has always been an economist at heart and, for several years now, a banker, too.
I was lamenting the change in business attitudes in corporate America, how 10% was once considered a good return but now most companies want 20-30%.
Jay asked me if I was confusing return on investment with return on equity.
You might also like:
You May Also Like
The dollars and sense of sustainabilityFeb 21, 2023
Current Conditions for
Enter a zip code to see the weather conditions for a different location.
This Week in Agribusiness, March 2, 2024Mar 2, 2024
Becoming a winner in cattle marketing is a processMar 1, 2024
Spring calf market heating upMar 1, 2024
Cattle surviving wildfires need immediate careMar 1, 2024