Managing Risk

Managing Risk

Troy Smith

Angus Beef Bulletin Extra

It has been said, “Life happens,” and veteran ranch manager Wayne Fahsholtz would add, “risk is a part of life.” Formerly president of Padlock Ranches and now a principal in the Wyoming-based AgWin Group Consulting firm, Fahsholtz spoke during the 24th Range Beef Cow Symposium in November. He told the audience composed mostly of cow-calf producers that, contrary to what some people believe, managing risk in small-scale and medium-sized operations is not that different from risk management for large operations.

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