Wayne Knight’s advice is to create a plan that makes a cattle producer prepared for any disruptions in their operation, and then stick to that plan.

Wayne Knight shares a step-by-step guide on building a drought preparation plan
The Markets: Watch for calf prices to start to decline in 2026
The Markets: Beef cow numbers are still expected to decline in 2024 and 2025
Prices for calves have been strong, but it usually takes a year of high calf prices before expansion starts