Total Ranch Analysis Colorado (T.R.A.C.): A Ranch Benchmarking Program

Ryan D. Rhoades, Daniel Mooney, Matthew McQuagge, Franklyn Garry and Jason Ahola

Journal of the ASFMRA, 2024, vol. 2024

Abstract: Benchmarking is a valuable tool for tracking and comparing the performance of ranch operations over time and relative to peers. However, no benchmark averages have historically been available to cow-calf operators dependent on extensive grazing lands in Colorado. Total Ranch Analysis Colorado (T.R.A.C.) was developed as a collaborative partnership involving Colorado State University faculty and Extension personnel, cattlemen associations, and beef producers. Personnel make onsite visits to collect production and financial records, and participants receive an in-depth analysis that includes a suite of production, financial, and integrated metrics. This article reports benchmark averages from the first cohort of 30 ranch visits.

Keywords: Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:342913

DOI: 10.22004/ag.econ.342913

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