Thursday, June 16, 2016

Colorado Ranches for Sale: Why Ranchers Must Diversify Revenue Streams

To the eyes of many, owning a ranch is a romantic lifestyle cut out from a fantasy book. But if you visit the prime cattle regions of the American West, you will notice that even the biggest landowners struggle to sustain their ranch lifestyle. It then leads them to doubling the population of their cattle, exhausting the land, denuding grasslands, and wasting money on irrigation to grow hay for the winter. Cattle prices tend to be cyclical and ranchers who rely on fossil fuel to manage their facilities are highly vulnerable to rising oil prices. It’s especially more problematic for old ranch families who refuse to change their ways. Progressive ranchers, on the other hand, have teeming revenue streams because they have completely embraced the idea that ranch life is not just about cattle farming.


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