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Managerial Practice And Financial Success In Extensive Cattle Ranching

Author

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  • Jocum, Isaac
  • Groenewald, Jan A.

Abstract

Grazing management, breeding practice, marketing behaviour and financial management all form part of the extensive cattle rancher's system. Many ranching areas are characterised by large climatological variation, which in its turn leads to vanable availabilites of edible plants. Beef prices are subject to cyclical and seasonal variation. Market access is limited by the permit/quota system. Market planning and adaptability that will enable farmers to adjust stock numbers to both marketing strategy and ecological conditions is a key to financial success. Farmers should limit capital expenditure; this includes limitations in number of camps and number of herds. Larger camps, fewer herds and multisire mating appear to be associated with financial success.

Suggested Citation

  • Jocum, Isaac & Groenewald, Jan A., 1993. "Managerial Practice And Financial Success In Extensive Cattle Ranching," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 32(2), June.
    • Handle: RePEc:ags:agreko:267568
    DOI: 10.22004/ag.econ.267568
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    References listed on IDEAS

    as
    1. Groenewald, J. A., 1985. "South African Agriculture And Inflation Phenomena," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 24(1), April.
    2. Groenewald, J. A., 1982. "Changes In The Parity Position Of South African Agriculture," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 21(2), October.
    3. Louw, A. & Grosskopf, J. F. W. & Groenewald, J. A., 1979. "Beef production systems and sales strategies in an extensive ranching region in South Africa," Agricultural Systems, Elsevier, vol. 4(2), pages 101-114, April.
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