0.01
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Close of 3 Nov 2026, in USD
About Red Oak Hereford Farms
Its shares trade under the ticker HERF. It has been listed since 11 July 2001.
Red Oak Hereford Farms, Inc. engages in the business of selling branded beef to retail and food service markets. The company is headquartered in Red Oak, Iowa. The company went IPO on 2001-07-11. The firm also sells and distributes its beef jerky product, My Favorite Jerky. Through its European division, Red Oak Hereford Farms, Inc. manufactures and distributes My Favorite Jerky Beef Sticks, smoked salmon and other seafood, and also plans to offer precooked products in Europe. The firm and Herf Management negotiated and entered into a consulting agreement and a licensing agreement with Premium Quality Foods, Inc. (PQF) on October 4, 2001. The licensing agreement is for rights to utilize the Red Oak Farms Trademark.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 11 Jul 2001
- Employees
- 22
Leadership
Pay as last reported
- Charles KolbeChairman of the Board, since 1997$105,303
- Gordon ReisingerPresident, Chief Executive Officer, Director, since 1997$140,618
- Harley DillardTreasurer, Chief Financial Officer$125,000
- John SchieringChief Operating Officer
- Pete HudginsVice President of Special Projects
- John DernerDirector and Vice President, since 1997$186,303
- Ron DaggettDirector
- Torgil HagmanDirector
- Jack HoldenDirector
- Dwayne LewisDirector
- Marius MorinDirector
- Johan SmitDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Red Oak Hereford Farms Inc has a strong brand reputation in the livestock industry. The company has been operating for several years, providing high-quality Hereford cattle and related services. This established reputation gives them a competitive advantage in the market.
- The farm is strategically located in an area with fertile soil and ample grazing land. This enables them to produce healthy and high-yield cattle, which contributes to their success.
Weaknesses
- One of the weaknesses of Red Oak Hereford Farms Inc is its limited financial resources. Due to this, the company may face difficulties in expanding its operations or investing in new technologies that could enhance productivity.
- Another weakness is the company's dependency on external factors such as weather conditions and market fluctuations. Adverse weather conditions, such as drought or extreme temperatures, can negatively impact the farming business. Similarly, changes in market demand or pricing can affect their profitability.
Opportunities
- Red Oak Hereford Farms Inc has the opportunity to explore new markets and expand its customer base beyond its current region. This can be achieved through targeted marketing and potentially forming strategic partnerships with other livestock businesses.
- The increasing demand for organic and ethically-raised meat provides an opportunity for the company to differentiate itself by focusing on sustainable and eco-friendly farming practices. By capitalizing on this trend, Red Oak Hereford Farms Inc can attract environmentally conscious consumers.
Threats
- One of the major threats to Red Oak Hereford Farms Inc is the presence of competitors in the market. The livestock industry is highly competitive, and new entrants can pose a challenge to the company's market share and profitability.
- Additionally, government regulations related to farming practices, animal health, and food safety can impact the operations of Red Oak Hereford Farms Inc. Compliance with these regulations can require additional investments and administrative efforts.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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