University of Wyoming Extension News

UW Extension offers Wyoming ranch management institutes at two locations

Bridger Feuz

Bridger Feuz

The Wyoming Master Cattleman team is offering ranch management institutes at Bear River Lodge near Evanston and at The Ranch at Ucross in February.

These institutes are three-day sessions with an intensive focus on ranch management.

“Agriculture has been and will continue to be a business with significant risks,” said Bridger Feuz, UW Extension educator organizing the institutes. “Drought, highly variable input costs and fluctuating prices are just a few of the risks producers face.”

The institutes will teach strategies and tools to help producers make decisions that lead to sustainable operations.

“Participants will roll up their sleeves and not only learn to use the tools, they will also be guidedthrough the process of completing analyses on their own ranches,” said Feuz. “Just like many other jobs on a ranch, management is hard work. We expect participants to work hard and complete the tasks during these institutes.”

Each institute is limited to 15 participants. The fee is $350 per person and includes two night’s lodging, meals and potential for a new netbook computer. Participants must complete all assignments to receive the computer at the end of the institutes. The fee for those bringing their own computers is $200.

Locations,Dates

Feb. 11-13– Bear River Lodge

Feb. 25-27 – The Ranch at Ucross

Each institute begins at 1 p.m. Monday and finishes 5 p.m. Wednesday.

Agenda

Day 1 – Whole ranch marketing assessment and financial analysis

Day 2 – Time for completing assignments from day one

* Partial budgeting and investment analysis tools

* Ranch modeling tools

* Basis management tools

Day 3 – Time for completing assignments from day two

* Analysis tools available at www.uwyoextension.org/ranchtools

* Livestock risk protection and RightRisk

“Participants from the Wyoming Master Cattleman program have overwhelmingly said they would recommend the program to others,” said Feuz. “These institutes are the next step in learning tools to make good decisions on a ranch. Participants learn the use of the tools, practice using the tools in real ranch situations and walk away from the program with a netbook computer with all of the tools and information from the institute. ”

All participants must RSVP by registering for the institute of their choice by Monday, Feb. 4. Register by emailing Feuz at bmfeuz@uwyo.edu or calling 307-783-0570.