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So what does your ranch look like these days? Because you used to run quite a few head of cattle yourself, and now you've developed a relationship with a young farmer or a young rancher that you're giving an opportunity to.

So what does your ranch look like these days? Because you used to run quite a few head of cattle yourself, and now you've developed a relationship with a young farmer or a young rancher that you're giving an opportunity to.

Eighteen eighty eight. That's a long run for an operation. We know we celebrate century farms here in the state of Iowa, but it's always neat to hear the history of how things got started. So would that be your great grandpa that started that?

Eighteen eighty eight. That's a long run for an operation. We know we celebrate century farms here in the state of Iowa, but it's always neat to hear the history of how things got started. So would that be your great grandpa that started that?

Eighteen eighty eight. That's a long run for an operation. We know we celebrate century farms here in the state of Iowa, but it's always neat to hear the history of how things got started. So would that be your great grandpa that started that?

But as I remember from our initial conversation, the way that you took over the ranch looks much and felt much differently than the way you're currently transitioning the management and ownership of your holding company to the next generation. Tell us a little bit about how that process went.

But as I remember from our initial conversation, the way that you took over the ranch looks much and felt much differently than the way you're currently transitioning the management and ownership of your holding company to the next generation. Tell us a little bit about how that process went.

But as I remember from our initial conversation, the way that you took over the ranch looks much and felt much differently than the way you're currently transitioning the management and ownership of your holding company to the next generation. Tell us a little bit about how that process went.

Right. And that's just a sinking feeling that you don't have any control over because, again, a balance sheet is a snapshot in time, but it's indicative to tell you what you can afford to borrow and how you can scale your operation. And if it gets cut in half. You lose a lot of power.

Right. And that's just a sinking feeling that you don't have any control over because, again, a balance sheet is a snapshot in time, but it's indicative to tell you what you can afford to borrow and how you can scale your operation. And if it gets cut in half. You lose a lot of power.

Right. And that's just a sinking feeling that you don't have any control over because, again, a balance sheet is a snapshot in time, but it's indicative to tell you what you can afford to borrow and how you can scale your operation. And if it gets cut in half. You lose a lot of power.

So that's almost 40 years ago when you had that conversation, that curriculum that helped you get to where you had a better understanding of how your operation was going to provide you a better ROI. Are you still using some of those grazing practices on your operation that you learned then or have some of those evolved to?

So that's almost 40 years ago when you had that conversation, that curriculum that helped you get to where you had a better understanding of how your operation was going to provide you a better ROI. Are you still using some of those grazing practices on your operation that you learned then or have some of those evolved to?

So that's almost 40 years ago when you had that conversation, that curriculum that helped you get to where you had a better understanding of how your operation was going to provide you a better ROI. Are you still using some of those grazing practices on your operation that you learned then or have some of those evolved to?

Do you mind me asking, Pete, how old are you?

Do you mind me asking, Pete, how old are you?

Do you mind me asking, Pete, how old are you?

So I think that speaks a lot of waves to our listeners as well, because there's a huge respect, in my opinion, from me to you for the role that you've taken in this transition, because you're allowing him to involve technology, to involve his own ideas. There's still a base principle that you're allowing to happen on your ranch, but you've really given him a lot of freedom to make choices.

So I think that speaks a lot of waves to our listeners as well, because there's a huge respect, in my opinion, from me to you for the role that you've taken in this transition, because you're allowing him to involve technology, to involve his own ideas. There's still a base principle that you're allowing to happen on your ranch, but you've really given him a lot of freedom to make choices.

So I think that speaks a lot of waves to our listeners as well, because there's a huge respect, in my opinion, from me to you for the role that you've taken in this transition, because you're allowing him to involve technology, to involve his own ideas. There's still a base principle that you're allowing to happen on your ranch, but you've really given him a lot of freedom to make choices.