91. The Hidden Risk Inside Today’s Record Cattle Prices with Ryan Noble & Wally Olson

91. The Hidden Risk Inside Today’s Record Cattle Prices with Ryan Noble & Wally Olson

From Ranchonomics by John Haskell, Ranch Right LLC

March 31, 2026 · 27 min · Episode 91

About this episode

The episode discusses the impact of market inflation on cattle prices and the importance of management in maximizing profits.

Record cattle prices have created strong profits across the industry, but how much of that success is actually driven by good management versus simple market inflation? In this episode, John Haskell sits down with Ryan Noble and Wally Olson to break down the critical difference between inflation, deflation, appreciation, and depreciation, and why confusing these forces can lead to costly missteps, even in the best markets. As cattle values have surged over the past several years, many producers have seen their balance sheets grow without realizing how much of that gain is driven by external market forces. The conversation highlights how depreciation still quietly works against you, why relative value matters more than price, and how failing to actively manage herd inventory and replacement decisions can leave significant money on the table, especially when the market eventually turns. Make sure to hit subscribe/follow so you never miss an episode! In this episode, we cover: Why recent profits are largely driven by market inflation, not management The difference between inflation, deflation, appreciation, and depreciation How cattle can depreciate even while prices are rising Why…

People in this episode

Host: John Haskell

Guests: Ryan Noble, Wally Olson

Topics covered

  • cattle prices
  • market inflation
  • management
  • depreciation
  • inventory management
  • profit analysis

Keywords

  • cattle prices
  • market inflation
  • depreciation
  • inventory management
  • profit
  • replacement decisions
  • relative value

Mentioned in this episode

Organizations: Ranch Right LLC

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