In the ever-changing world of beef production, one thing’s for sure: setting strategic goals is crucial. With the market looking up and profitability potential on the rise, now’s the perfect time to plan for a brighter future. While black swan events, market fluctuations and weather challenges may still occur, having a solid strategy in place helps ensure your operation is well-prepared to navigate any uncertainties and capitalize on opportunities.
Create a goals road map
Setting goals is like planning a road trip. You must know where you currently are and where you want to go. Defining the starting point is just as important as the end point. Regular progress check-ins along the way are essential to ensure you stay on track.
Goals must also be clearly defined, simple and measurable. Each year, focus on just a few key objectives — ideally no more than three. This focused approach helps maintain clarity and drive. As long as you’re measuring progress, you can set goals anytime. Reevaluate your goals based on specific check-in times, such as quarterly or during significant production phases. This allows for adjustments and ensures the goals stay relevant and achievable.
Focus on short-term and long-term goals
When exploring short-term goals, keep the current market status top of mind. Short-term goals typically span one year or less and should address immediate needs, such as the upcoming breeding cycle. This adaptability allows you to better respond to market conditions and maximize profitable opportunities.
For example, one actionable short-term goal I often recommend is to
body condition score (BCS) your herd at three different production points per year: at weaning, 45-60 days prior to calving, and going into the breeding season. Aim for a body condition score of 6 at calving, the same at breeding and no less than 5 at weaning. Additionally, aim for a defined breeding and calving season of 60-90 days, with a goal of having more cows getting pregnant on the first or second service. Establishing goals like these allows you to gauge where your herd stands and reflects the effectiveness of your feed and forage program.
Long-term goals should focus on the broader vision for your operation — think three to five years down the road. These goals could include expanding your herd, improving genetic quality or enhancing your grazing management practices. Long-term goals provide direction and help ensure daily efforts align with the bigger picture.
Involve your team
Goals should be agreed upon collectively as a team, with everyone rallying around them. If everyone doesn’t believe in the goal, it is less likely to get accomplished. Post the goals in a clearly visible spot to keep them at the forefront of everyone’s mind. Regular progress check-ins also help ensure the goals remain a priority and are being actively pursued.
Beyond your employees and managers, involve
key external partners in your goal-setting process. Your local veterinarian should be an integral part of your team, maintaining a working relationship to address health-related and reproductive goals. A nutritionist can also provide valuable insights into cattle nutrition and feed management, while your feed dealer and sale barn operators can offer market perspectives and logistical support. Collaborating with these experts helps ensure your goals are well-rounded, achievable and beneficial to your entire operation.
Goal setting is a continuous process. There’s no one way or set timeframe to do it. It’s about adapting and reassessing based on the changing landscape of the beef industry.
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