Fall 2012 KRIRM Newsletter

Volume 8, Issue 2

Fall 2012

KING RANCH

®

INSTITUTE FOR RANCH MANAGEMENT

FEATURES 3

Wagon Tracks

“Finding Leverage Points in Your Operation“

By Dr. Clay P. Mathis

4

Vermejo Park Ranch: Diverse and Dedicated to Conservation

6

Real Estate Law Lectureship

8

Meet the Class of 2014

By Kindra Gordon

Know your rights as a property owner

By Ashley Patterson

Published by the KING RANCH ® INSTITUTE FOR RANCH MANAGEMENT Texas A&M University-Kingsville 700 University Blvd., MSC 137 Kingsville, TX 78363 361-593-5401 361-593-5404 fax krirm@tamuk.edu http://krirm.tamuk.edu Clay P. Mathis, Ph.D., Director and Endowed Chair Ashley Patterson, Editor

KRIRM welcomes four new students

By Ashley Patterson

MANAGEMENT COUNCIL Chair: James H. Clement Jr., King Ranch, Inc. Caroline Alexander Forgason, Robert J. Kleberg, Jr. & Helen C. Kleberg Foundation Gus T. Canales, A.T. Canales Ranches Dave DeLaney, King Ranch, Inc. Lynn Drawe, Ph.D., Retired Director Rob & Bessie Welder Wildlife Foundation Paul C. Genho, Ph.D., AgReserves, Inc. Jack Hunt, Retired CEO King Ranch Inc. Bob McCan, McFaddin Enterprises

Cover Photo: “Lee Ranch” by JoAnne Meeker

®

2 Fall 2012 KRIRM

“ Finding Leverage Points in Your Operation” From the Director, Dr. Clay P. Mathis

O

ur fall semester always seems to start off as a whirlwind as we end the summer and prepare for the new semester and events ahead. For me, that is preparing for a class I teach on Systems Thinking in Natural Resources Management. This graduate course is an indepth follow through of our annual John B. Armstrong Lectureship on Systems Thinking that is instructed by Mike Goodman who consults across the globe on Systems Dynamics and Problem Solving. In this course, KRIRM and other graduate students are asked to identify a long-standing and complex problem, and take a fresh look at why the problem exists. Additionally, they must propose reasonable solutions to solve the problems.

In the fall of 2011, drought took a significant toll on ranches across the Southwest. With that at the forefront of their minds, one group of students identified the focusing question: “Why is it so difficult to cost-effectively manage through drought?” Obviously, the root of the problem is lack of precipitation. However, their task was to describe the problem and identify a few high leverage interventions that would better enable ranch managers to cost-effectively navigate the challenges drought creates for ranch sustainability.

The figure on page 10 illustrates their “systems” representation of the problem (O=opposite direction; S=same direction). It makes so much sense that you may wonder why all the extra effort to describe the challenges of drought. But, if the

solution was simple, we would not worry about variation in precipitation at all. Three high leverage (and commonly employed) interventions were identified: 1. increase

the proportion of stockers or replacement heifers (for sale) that could be easily liquidated without drastic reductions in cow numbers; 2. diversify or expand wildlife or other recreational income that is more stable during dry years; 3. secure irrigated lands that can be used for grazing or forage production in dry years. Many of the successful ranches in the U.S. have capitalized on some or all of these leverage points, but others have not. Recreational income potential and irrigation water availability varies from ranch to ranch, so there is no one solution for all.

However, where practical and cost effective, these interventions may help.

This is not just a classroom exercise. It is important for individual managers to take a long

“Sometimes it’s difficult to look beyond how you have created success in the past to discover what will create success in the future for your operation.”

Photo by JoAnne Meeker

Continued on page 10

wagon WT tracks KRIRM Fall 2012

3

Vermejo Park Ranch:

Diverse & Dedicated to Conservation

By Kindra Gordon

S

imply by its numbers Vermejo Park Ranch (VPR) is impressive.

Located in northern New Mexico, the ranch spans over 920 square miles – the largest tract of contiguous privately owned property in the West.

With its sheer size, the ranch encompasses a wide variety of ecosystems, ranging from grassland prairies at 6,300 feet to high mountain peaks at 13,300 feet elevation.

Historically, this land was home to large herds of elk, deer, antelope, bison, Rocky Mountain bighorn sheep, black-tailed prairie dogs, blackfooted ferrets, and Rio Grande cutthroat trout, as well as natural predators, such as black bear, mountain lions and wolves.

Today, it is one of a handful of private ranches that has a genetically pure bison herd, and boasts a free-ranging elk herd of nearly 9,000 head. Rio Grande Cutthroat trout and Black-Footed ferrets began being reintroduced over the past decade.

These are among the management efforts to reestablish and sustain the ranch’s historical splendor. It was purchased by Ted Turner’s company, Vermejo Park, LLC, in 1996 from the Pennzoil Corporation, and the mission statement for VPR today is: “To manage Turner properties in an ecologically sensitive and economically sustainable manner while conserving native species.”

To that end, a variety of forestry and wildlife management programs were started and remain ongoing; recreational and hunting opportunities are offered to sportsmen; and energy development – from coal bed natural gas wells to solar development – are carefully managed.

Manager Mark Kossler Scenic view of Munn Lake on VPR ensures the ranch opearates according to the mission statement.

“This drives us to have a high

4 Fall 2012 KRIRM

The main lodge at Vermejo Park Ranch where the reception area, dining room, lounge, and company store are located

degree of ecological responsibility while deriving income from native species or in the case of gas production, extraction,” says Kossler. Additionally, there is a rich history of recreational venues with hunting (300 hunters per year) and fishing on the 19 lakes and three streams on the ranch (1,800 fishermen per year).

Striving for Balance

Kossler has served as manager of VPR since April 2007.

Raised on a cattle ranch in Western Colorado, he studied animal and range science at the University of Idaho and graduated in 1978. For the next two decades he managed three different cattle ranchers in south central Montana, then, in 1999 joined the Flying D Ranch at Gallatin Gateway, Montana and managed its 1,800 head bison herd.

Today, he oversees the challenge of managing VPR’s great diversity. However, because the current ownership of the property wants only native species, it precludes having cattle and sheep on the ranch.

Rather, Vermejo Park ownership and management have dedicated countless amounts of time, energy, and money to enhance and preserve the ranch’s natural resources.

Conservation projects include: riparian and timber restoration, forest thinning, reintroduction of the native Rio Grande cutthroat trout, preservation and expansion of both black-tailed and Gunnison’s prairie dog habitats, as well as the reintroduction of the endangered blackfooted ferrets. Some suggest the ranch may well be one of

World class hunting, fishing and nature tourism are balanced with conservation and energy development efforts

the best examples of private land conservation efforts for threatened or imperiled species.

“The balance in the operation involves knowing that what you do in one area can and will affect other

areas.”

An example of this is the 970 coal bed natural gas wells on the ranch, which has an infrastructure footprint of 4,200 acres within the 100,000 acres of prime hunting habitats.

“We took substantial cautions in how this development was done to lessen the negative effects on wildlife species while minimizing well spacing, pad sizes, road placement and size and reclamation standards.”

Kossler adds, “The net effect is a gas development that cost more to put in but had a much lower impact on the wildlife and hunting venues. The balance is looking for the cause and effect in making large changes in any one segment of the operation.”

In his management role, Kossler uses a Land-Based Industries chart that depicts potential resources. He says this also provides a visual reminder of the balance in resources that VPR is managing for. He adds, “Every operation has many of the attributes shown on this slide.

The unique thing about Vermejo is that is has most of them.”

Tapping Tourism

Nature tourism represents one of the fastest growing segments of the tourism industry – and it is an integral part of the VPR operation today. From hunting and fishing to photography, hiking and horseback riding, birding and wildlife viewing, and historical sites, VPR offers world class opportunities – and service – to their clients.

As a revenue stream, Kossler says it is a venue that traditional ranches might consider tapping in the future as a means to expand. But he notes it is a business that requires the right staffing, accommodations, food and activities.

Kossler shares, “The average nature tourism client tends to be in the upper middle class or higher, well educated, well traveled (international), and very knowledgeable on conservation issues. To be successful the venue must intrigue them, show them something they haven’t seen before, and teach them some things they didn’t know.”

He adds, “Existing ranching operations need to realize that these are very different customer service intense operations that will take a high level of management skills to make them successful.”

Guest at VPR fishing

Internship Opportunity

J

eremy Gingerich, a 2012 KRIRM graduate, had the opportunity to intern at Vermejo Park Ranch for 2-1/2 months in the spring of 2012. As part of his master’s project, his role was facilitating the development of a long-term strategic plan for the 590,000-acre ranch.

Gingerich assisted with developing and integrating strategic goals and objectives for VPRs nine divisions, which include guest services, bison, hunting, fishing, and natural gas enterprises.

Of his experience at VPR, Gingerich says, “What impressed me most was that, even with the scale and complexity of the operation and the multiple departments and cultures within, there was an overarching commitment to the ranch’s mission, to: efficiently manage its diverse native ecosystem in a profitable and sustainable manner; provide a fulfilling and rewarding experience for employees and guests while highlighting its unique surroundings and operations.”

He adds, “I think that the most successful ranches today must have their own meaningful mission to guide the everyday decisions and work of the entire organization.”

After graduating from KRIRM, Gingerich began managing the Banded Peak Ranch in southwest Colorado in mid-July. The ranch has large hunting and forestry programs, as well as smaller livestock and hay enterprises. From his VPR experiences, Gingerich says, “I am applying that same kind of management to develop and execute strategy at Banded Peak.”

Looking to the future of the ranching industry, VPR has worked with the King Ranch® Institute for Ranch Management (KRIRM), by regularly hosting student interns. Kossler says, “I have enjoyed hosting several interns on the ranch as their training and intellect have both challenged us, while also helping us complete significant management projects – one included writing a strategic management plan for the ranch.”

Kossler was also a guest speaker for KRIRM at the 2011 Holt Cat® Symposium on Excellence in Ranch Management.

During his involvement with KRIRM, Kossler has noticed the impressive qualities of the program and students.

“I have no doubt that many will make significant impacts in the agricultural industry during their careers,” he said.

“I hope to keep the association with the King Ranch® Institute for Ranch Management in the years to come.”

KRIRM Fall 2012

5

Real Estate Law Lectureship Know your rights as a property owner

By Ashley Patterson

T

he King Ranch® Institute for Ranch Management is pleased to announce the offering of a new lectureship coming Jan. 10-11, 2013. This lectureship focuses on an important part of ranching that landowners should be familiar with—real estate law. Judon Fambrough, who has instructed the W.B. “Dub” Yarborough Lectureship on Oil and Gas at KRIRM, will be the lead instructor for this course, offering his knowledge of more than 35 years as an attorney for the Texas Real Estate Center at Texas A&M. This lectureship will discuss a range of topics including oil and gas leases, property tax, easements, and more. The decision to include all of these topics in this 2-day lectureship was based on the concerns and questions ranchers and land owners have voiced.

Fambrough stresses that a wrong decision regarding any of these topics could cost the entire ranch, and says that the lectureship will focus on the facts.

“By attending this session,” he said, “landowners gain first-hand information concerning legal facts that affect both their day-to-day and the future operations of their ranches.”

The main interest for those ranchers attending will be the practical legal advice, said Fambrough.

He described most lectures of this kind simply point out the problems, but fall short when it comes to discussing solutions. Fambrough stated that both problems and solutions will be covered.

“Anticipating the problems and knowing how to act when they arise are crucial,” said Fambrough.

Bob McCan, general manager of McFaddin Enterprises near Victoria, Texas, and National Cattlemen’s Beef Association Vice President, believes this lectureship will be an excellent opportunity for landowners to better understand the increasing rural and urban interface issues. As a fifth generation rancher, McCan manages the purebred cow/ calf enterprise and the recreational hunting lease of McFaddin Enterprises, always striving for the balance of natural resource management, he said.

An important part of owning land, McCan said, is 6 Fall 2012 KRIRM

Instructor Judon Fambrough, senior lecturer and attorney for Texas Real Estate Center to understand private property rights and the issues facing landowners today.

“We as Texas landowners need every tool in the tool box when it comes to protecting our property rights,” said McCan. During this lectureship, seven topics will be covered, providing attendees with the necessary knowledge and resources to understand their own property rights. Below are the topics and the learning objectives associated with each.

Fambrough will provide supporting articles that he has written on each topic.

Oil and Gas Law

Fambrough will discuss in depth the provisions of oil, gas, and mineral leases, and the legal ramifications if signed without negotiating charges. He stresses that every landowner should be aware of the clauses and details of a lease simply for his or her protection.

Water Law

One of the most important issues facing ranchers today is water rights and laws. This lectureship will teach attendees their rights to water on and under their property, and will explain the recent developments in the Rule of Capture. Recent statutes and case law have imposed on water use and ownership, and landowners will learn to recognize those limitations during this lectureship.

Injuries sustained on a rancher’s property can be costly. This section of the lectureship will identify legal classifications and the landowners’ corresponding duties to avoid or reduce liability within the limits of the law. Liability to hunters and other recreational users on the ranch will be discussed at length, as well as liability insurance needs.

estate planners do not detail as much information for smaller estates. Fambrough will teach how owners of smaller estates can deal with the transfer of property to the next generation without the bureaucratic paperwork and legal costs. This portion will also describe types of wills in Texas, the types of documents needed to be executed before death, and how a person’s property would be divided if he or she dies without a will.

Condemnation

Property Taxes

Landowner Liability

Both oil and gas discoveries and the installation With Texas being a state with some of the highest of wind turbines property taxes, landowners have placed Texas should be conscious of the landowners in a scheme of property taxes J.A. “Tony” Canales unique challenge, said and how they can claim Fambrough. With gas exceptions to lower the Lectureship on discoveries, the need high rate. Some of these for pipeline rights of things include Open Space Real Estate Law way is created. With Valuation and Wildlife wind turbines, the need Management will be for transmission–line explained along with other When: easements is created. If provisions. an agreement cannot

January 10-11, 2013 be made, both can Register Today be condemned. This At the oil and gas part of the lectureship lectureships, Fambrough Where: will focus on the has always left attendees

Kingsville, Texas; Caesar Kleberg condemnation process completely satisfied with

Wildlife Center, Texas A&M and what landowners his teaching. Fambrough should know to has a wealth of knowledge

University-Kingsville campus insure their rights are regarding real estate laws, protected. Landowners and it certainly shows will recognize the through his career as he Registration Fee: strategies to protect has conducted more than

$300; includes workbook materials,

their property rights 600 presentations to Texas

refresments, and lunch when confronted with landowners. He is also the the condemnation author of more than 300 process. articles on different areas Register at: of real estate law and has

http://krirm.tamuk.edu/lectureships.html Easements represented hundreds of Problems can arise landowners in oil and gas between landowners negotiations. Register today when one owner to learn from one of the best depends on an access educators in the field. easement across another land to reach their property and the owner of the property they are crossing. These problems occur when ownership changes. Attendees will learn how private easements are created and terminated, and will explain how conflicts can be avoided or resolved.

Wills, Dying Intestate, and Avoiding Probate

There is a wealth of information for large estates to lower or avoid Gift and Estate Taxes, but professional

KRIRM Fall 2012

7

Meet the Class of 2014 KRIRM welcomes four new students

By Ashley Patterson

I

t’s that time of year again! King Ranch® Institute for Ranch Management (KRIRM) welcomes to Kingsville four new students: Darrell White, Tylor Braden, Chris Redman, and Tyson Johnson. These four students are looking forward to the next step in their education, and now we take a chance to learn more about their lives and aspirations.

Darrell White

When White, KRIRMs Tio Kleberg Fellow, decided he needed an edge in the ranching industry, KRIRM was an obvious choice. He was enticed by the program because he believes it will set him apart from other ranch managers who have similar experience and skills.

“Other than having 15-20 years’ experience doing the same thing,” he said, “this is probably the quickest way to do something above and beyond what everybody else had done.”

White’s experiences have equipped him with Darrell working on a pipeline valuable skills in mapping system at a Chesapeake various aspects of ranching. He well pad near Brundage, Texas hopes that KRIRM will enhance those skills and guide him to be influential in the future of the ranching industry. White also looks forward to learning more about the complex challenges ranchers face today.

“Hopefully I’ll learn as much as I can from professors and ranch managers who have done this for a really long time.”

Before becoming a student at KRIRM, White worked

8 Fall 2012 KRIRM

Class of 2014 from left to right: Darrell White (Tio Kleberg Fellow), Tyson Johnson (Clement Family Endowed Fellow), Chris Redman (Bass Fellow), and Tylor Braden (6666’s Fellow).

for Chesapeake Midstream Management, LLC as a pipeline technician. Since taking the job in July of 2011, White has taken his agriculture and ranching perspectives and merged them with oil field experiences, giving him a unique background for additional learning and development.

White’s ranching experience came from working on Circle T Ranch in Carrizo Springs, Texas, where he began working as an assistant manager in 2005. In two years, White was promoted to general manager directing the livestock, wildlife, farming, and oilfield operations of the ranch. He also managed more than 20,000 acres in Texas, Louisiana, and Arkansas. The position challenged him to recognize the importance of a systematic approach to managing land, he said.

White is a 2005 graduate of Texas A&M University with a Bachelor of Science in Wildlife Ecology and Management.

Tylor Braden

The focus of the KRIRM curriculum on the business and financial side of ranching was the main reason Braden was attracted to the program. Because of the challenging times facing the industry today, Braden said, the program sounded like the place to be to face those challenges successfully.

Braden was born and raised on a ranch, a son of a ranch manger. Throughout his life and career, Braden has worked in various facets of the agricultural industry.

He has worked for large-scale operations ranging from 400-14,000 cows and 4,500 yearlings, and has worked or managed ranches in West Texas, South Texas, New Mexico, Colorado, Wyoming, and Montana. Braden’s most recent employment was with Stirrup Ranches in Colorado where he was the general manager of two divisions on the cow/ calf and yearling operation.

Along with the many years of applied experience, Braden pursued his education at New Mexico State University where he Tylor (left) dragging calf on Golden Division of Stirrup Ranch graduated with a Bachelor of Science in Animal Science (Industry Option) in 2006. His last semester at NMSU was completed while managing the Bar V division of the Padlock Ranch in Wyoming and Montana. Braden went on to complete the Texas Christian University Ranch Management Program in 2007, graduating with honors.

Braden believes he has a firm understanding on the financial side of the industry, but is motivated to learn even more on the subject while at KRIRM. “Obviously there’s a great deal of importance in the financial side, and I don’t think a person could go wrong continuing to gain information in that department,” he said.

Braden and his wife, Melissa, have one son, Taw Wynn.

Chris Redman

Redman, who served in the United States Air Force (USAF) as an F-16 jet mechanic, is from eastern Washington. He started his agricultural education at the University of Idaho where he earned a bachelor’s in range and livestock management. For about a year after graduation, Redman worked as a cowboy on the Matador Ranch in Dillon, Mont., before he and his family moved to Utah to work again as a jet mechanic for the USAF as a civilian.

His love for agriculture was evident as Redman worked for USAF; he rode colts and shod horses in his spare time.

But Redman soon returned to the lifestyle he was missing and worked on a ranch in Ruby Valley, Nev., for one summer.

“I wasn’t getting to spend time with my family,” said Redman.

“There isn’t a better place to raise kids than in a ranching community.”

After that summer, Redman worked for Redman working on Simplot

Simplot Livestock in Grandview, Idaho as a camp cowboy.

Redman, his family, and the other cowboys moved four times a year following the cattle to their seasonal range.

Soon after the first year, Redman was promoted to a lead man for JS Ranch, a cow camp on Simplot with 1,200 cows. Redman, his wife, Rachael, and their three children, Josie, Orrin, and Rafe, most recently lived on North Steens Ranch, a division of Tree Top Ranches near Princeton, Ore., where Redman worked as a unit foreman.

With a desire to learn throughout his life, Redman comes to KRIRM prepared to learn even more about the ranching business. His main goal, Redman said, is to secure his future and learn how to face agricultural challenges as a rancher

Tyson Johnson

Johnson comes from a diverse agricultural background where he grew up on his family farming and cow/calf operation, which included a mule deer guiding service, in Kanab, Utah. He has continually been a part of the family operation, even while attending school and working for other operations.

While Johnson was working on a bachelor’s degree in agribusiness at Arizona State University, he interned with King Johnson on his family Ranch in the summer of 2000. Most of ranch in Arizona Johnson’s responsibilities involved cowboy duties, such as branding, weaning, and shipping cattle.

From that summer, Johnson took value in learning how another ranch operated.

“It was a good opportunity to get away from the family ranch to see how other people do business and how successful businesses approach agriculture,” said Johnson.

Johnson’s other experiences included working for a 60,000+ head feed yard and a 5,000 head yearling pasture operation during college. Perhaps his greatest accomplishment was starting his own cow/calf and stocker operation in Arizona. Johnson subleased 200,000 acres of public land in 2005 from a conservation group in Flagstaff, Ariz.

Now, nearly seven years later, Johnson, along with his wife, Wenda and two daughters, Tayla and Jenica, have started a new chapter at a program he believes works well into his own experiences and interests. Along with that, Johnson realized that contacts made while at KRIRM will be valuable in the future.

KRIRM Fall 2012

9

Continued from page 3

Commit to Lifelong Learning

and hard look at the challenges the current and past droughts have caused. Ask the questions, “How could I lower my risk to these challenges? How could I develop my production system to be more nimble and income diverse?” Sometimes it’s difficult to look beyond how you have created success in the past to discover what will create success in the future for your operation. But know that the recipe for success in this dynamic time will be dynamic as well.

In his book The Science of Success, Charles Koch of Koch Industries described the previously identified concept of “creative destruction.” He suggests that every seven years a company or organization should go through the process of recreating their business entity from scratch. In essence, creatively destroy the

Upcoming Events September 21-22, 2012

B.K. “Kley” Johnson Lectureship on Current Ranching Issues: Human Resource Management

October 25-26, 2012

Holt Cat® Symposium on Excellence in Ranch Management

January 10-11, 2013

J.A. “Tony” Canales Lectureship on Real Estate Law

March 11-12, 2013

Strategic Planning Lectureship

10 Fall 2012 KRIRM

Figure 1

current method and rebuild a more modern approach. I believe this is a healthy concept, but difficult to implement in a ranching operation.

Nonetheless, now is a great time to step back and think deeply about the challenges your operation is facing in light of today’s record high grain prices and historic drought. Ask the questions: “Do I have the right mix of enterprises and revenue streams? Do I have a system in place that will enable me to costeffectively manage through the next drought and come out in better shape?” If the answer to either question is no, then don’t stop there. Find your own leverage points. Identify those one or two changes that will have a very big impact on the future of your operation and take action. I am not suggesting it will be easy, but a well-designed and diverse ranching operation will be more resilient during challenging times.

Water:

Agricultural Challenges and Strategies for the Future

Thursday, October 25, 2012

Friday, October 26, 2012

10:00 a.m.

Registration

7:00 a.m.

12:00 p.m.

Welcome/Lunch

Breakout Session II (2 rooms, talks repeated)

12:30 p.m. Keynote-Water: What’s in store for the

next 50 years? Neal Wilkins, Ph.D;

Pres. and CEO, East Wildlife

Foundation and former Director, Texas

Water Resources Institute 1:15 p.m.

Agricultural White Paper: A New

Perspective on Water Policy; Mitch

Hutchcraft; VP of Real Estate, King

Ranch; Warren Peterson; VP,

Farmland Reserve, Inc.

Breakout Session I (2 rooms, talks repeated) 2:00 p.m.

Overview of National Water Management; Weir LaBatt; Past Chair,

Western States Water Council Overview of Texas Water Management; Russell Johnson; Attorney, McGinnis,

Lockridge, and Kilgore, L.L.P. 3:00 p.m.

Break

3:30 p.m.

Getting Involved in National Policy Debate; Colin Woodall; VP of

Government Affairs, National

Cattlemen’s Beef Assoc.

Getting Involved in State and Local Policy Development; Jason Skaggs;

Gov. Affairs, Texas and Southwestern

Cattle Raisers Assoc.

4:30p.m.

Breakfast

8:00 a.m.

What Do I Do When My Water Rights are Challenged? Warren Peterson; VP

Farmland Reserve, Inc. Protecting Western Water Rights

through the Montana Compact Commission; Jim Peterson; Rancher

and Pres. of Montana State Senate 9:00 a.m.

Water Management on the Ranch; Bruce Carpenter, Ph.D;

Livestock Specialist, Texas AgriLife

Extension Service

Water Capture Technology: Mills,

Pumps, and Storage; Jack Canon;

Natural Resources Conservation Service 10:00 a.m.

Break

10:30 a.m.

Connecting Agriculture with the People; Charlie Arnot; CEO, Center

for Food Integrity 11:30 a.m.

Panel of Speakers

12:00 p.m.

Lunch/Wrap-up

1:00 p.m.

Tour of King Ranch

5:00 p.m.

Adjourn

Panel of Speakers

5:30 p.m.

Dinner at Caesar Kleberg Wildlife Research Center

2012 Holt Cat ® Symposium on

Agenda KRIRM Fall 2012

11

KING RANCH® INSTITUTE FOR RANCH MANAGEMENT TEXAS A&M UNIVERSITY-KINGSVILLE

NON PROFIT ORG U.S. POSTAGE PAID CORPUS CHRISTI, TX

PERMIT NO.

MSC 137 Texas A&M University-Kingsville Kingsville, TX 78363

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