Monday, November 2, 2015

Ranches for Sale and Ownership: The Responsibilities of a Good Rancher

Risk has always been a part of any business—agricultural ventures included. The risks that farmers and ranchers face are ever-changing, and significant changes in the risk environment can come from all fronts—social, formal governmental, and anywhere else. As such, producers should never neglect their responsibilities as stewards of their agricultural enterprise, in order to manage risk more effectively. Environmental stewardship Ranch owners need to act as caretakers of the resources they’re entrusted with. “Natural resource stewardship is a responsibility, not an elective,” says Rick Machen, Texas AgriLife Extension beef cattle specialist. His statement carries more weight for ranchers who have experienced or are currently experiencing devastating drought.


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