The 2014-15 Student Managed Farm - Powered by New Holland Crop team made its final presentation on March 20, 2015 at Lakeland College's Alumni Hall on the Vermilion campus. Finance, operations, marketing, production, research and public relations groups reported on their SMF activities. All students are 2nd year Crop Technology students in Lakeland's agricultural sciences school.

1. 2
0
1
5
2
0
1
4
Lakeland College Crop Technology
Student Managed Farm

2. General Manager & Assistant Manager

3. General Manager
Responsibilities:
 Represent the Student Managed Farm
 Chair meetings
 Overseeing, managing and participating in day to
day tasks
 Help each team achieve specific goals

4. Assistant General Manager
Responsibilities:
 Take minutes from meetings
 Organize and record timesheets
 Total harvest hours – 742 hours
 Total SMF Hours as of today –1570
 Fill in for General Manager when absent

5. Operations

6.  Bin plan
 Manage class groups
 Make harvest decisions
 Organize post-harvest activities
 Organize grain movement
Roles and Responsibilities

7. Farm Summary
980 Seeded Acres
200 Silage Acres
120 Ducks Unlimited crop share

8. (College)

9. AL01 LC11 LC14
 Silage Trochu
Barley
 Yield 21,520
lbs/ac

10. LC 01/03
 Metcalfe Barley
 76 Acres
 Yield 6688 Total Bushels

11. LC 04/05
 Trochu Barley
 102 Acres
 Yield 7242 Total Bushels
 Swathed east side

12. LC 14
 Trochu Barley
 25 Acres
 Yield 1875 Total Bushels

13. LC 17
 Hard Red Spring Wheat
 95 Acres
 Yield 6080 Total Bushels

14. LC 18
 Hard Red Spring Wheat
 80 Acres
 Yield 5520 Total Bushels

15. LC 20
 Hard Red Spring Wheat
 109 Acres
 Yield 6104 Total Bushels

16. LC 19
 Canola L130
 93 Acres
 Yield 4371 Total Bushels

17. LC 12
 Peas – Meadows
 117 Acres
 Yield 5850 Total Bushels

18. LC 10
 Faba Beans
– Snowbird
 25 Acres
 Yield 1750 Total
Bushels

19. Truck Load Sheet

20. Inventory Spreadsheet

21. Farm Works Office
NDVI MAPYIELD MAP
VARIABLE
RATE MAP

23. College Equipment
 CR 8090 Twin Rotary Combine
 25 Foot Honey Bee Straight Cut Header
 25 Foot Westward 9200 Swather

24. College Equipment
 10” Farm King Auger
 Auger Tractor – Anything
but the old case
 8” Electrical Screw Conveyer
 Rem Grain Vac
 1960’s conventional scale
 Chevy 3 ton
 Freightliner 3 ton
 Ford V10 F250 farm truck

25. Post Harvest Operations
 Rented a Horsch Joker RT-
370 Vertical Tillage tool
 Rented a New Holland 4WD
 Rented a heavy harrow

26. Fall Seeding – Winter Wheat

27. Winter Operations
 Organize trucks and
truckers to haul SMF grain
 Checking bins for grain
temperature
 Move grain if needed

28. Bits and Bites
 Breakdowns because of Alex Woodrow – 2
 Parking brakes ruined – 1
 Auger shear-pins replaced – 5
 Bins filled “too full” – 1
 Posts backed into – 1
 Kellen and Sara’s winter barley trial
 Cuss words when switching concaves– 84

29. Marketing

30. Manager
Record weekly prices (Futures, Basis, Cash Prices)
Help team members when making grain sales
Chair weekly meetings &
prepare presentations
Roles and Responsibilities

31. Team
Sell the SMF Crops commodities
Contact grain buyers
Record weekly prices (Futures ,Basis, Cash Prices )
Deliver samples to potential grain buyers
Watch daily market trends
Read market commentary
Give Productions team a market outlook when deciding
on next years crop plan
Roles and Responsibilities

32.  93 acres grown on LC19
 Variety: Invigor L130 (Bayer)
 Average yield of 47 bu/ac
Canola

33. Canola Futures Market
 Market was
flooded off the
combine
 Gradual Increase
in price
throughout the
winter
www.tradingcharts.com

34. Canola Cash Prices
$8.00
$8.10
$8.20
$8.30
$8.40
$8.50
$8.60
$8.70
$8.80
$8.90
$9.00
$9.10
$9.20
$9.30
$9.40
$9.50
$9.60
$9.70
$9.80
$9.90
$10.00
$10.10
$10.20
$10.30
$10.40
$10.50
Mon.Sept22
Thurs.Sept25
Mon.Sept29
ThursOct2
Mon.Oct6
ThursOct9
Mon.Oct13
ThursOct16
Mon.Oct20
ThursOct23
Mon.Oct27
Thurs.Oct30
Mon.Nov3
Thurs.Nov6
Mon.Nov10
Thurs.Nov13
Mon.Nov17
Thurs.Nov20
Mon.Nov24
Thurs.Nov27
Mon.Dec1
Thurs.Dec4
Mon.Dec8
Mon.Jan26
Thurs.Jan29
Mon.Feb2
Thurs.Feb5
Mon.Feb9
Thurs.Feb12
Mon.Feb16
Thurs.Feb19
Mon.Feb23
Thurs.Feb26
Mon.Mar2
Thurs.Mar5
ADM
Lloydminister
Cargill
Vermilion
Richardson
Provost
Richardson
Pioneer Lavoy
Richardson
Pioneer
Lamont

35. Canola Basis Tracking
-$0.40
-$0.20
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
Cargill
Vermilion
ADM
Lloydminister
Richardson
Provost
Richardson
Pioneer Lavoy
Richardson
Pioneer
Lamont

36. Canadian Canola Ending Stocks
2.186
0.707
0.588
2.363
0.611
1.291
16.1
4.4 4.2
14.5
3.9
0
2
4
6
8
10
12
14
16
18
0
0.5
1
1.5
2
2.5
2010-11 2011-12 2012-13 2013-14 2014-15 2010-14
Ending Stocks Stocks/Use %
8.6
Million
metric
tonnes
Stocks
as
percent
of use

37. Marketed Prices
Delivery Quantity Buyer Breakeven
$
Sold
For $
Gross
income $
January 2015
Contracted
in 2014
20t
ADM
Lloydminster 6.04/bu 10.05/bu 4.01/bu
January 2015 42t
ADM
Lloydminster 6.04/bu 10.00/bu 3.96/bu
May 2015 37t
ADM
Lloydminster 6.04/bu 10.50/bu 4.46/bu

38. Canola Cash Prices
$8.00
$8.10
$8.20
$8.30
$8.40
$8.50
$8.60
$8.70
$8.80
$8.90
$9.00
$9.10
$9.20
$9.30
$9.40
$9.50
$9.60
$9.70
$9.80
$9.90
$10.00
$10.10
$10.20
$10.30
$10.40
$10.50
Mon.Sept22
Thurs.Sept25
Mon.Sept29
ThursOct2
Mon.Oct6
ThursOct9
Mon.Oct13
ThursOct16
Mon.Oct20
ThursOct23
Mon.Oct27
Thurs.Oct30
Mon.Nov3
Thurs.Nov6
Mon.Nov10
Thurs.Nov13
Mon.Nov17
Thurs.Nov20
Mon.Nov24
Thurs.Nov27
Mon.Dec1
Thurs.Dec4
Mon.Dec8
Mon.Jan26
Thurs.Jan29
Mon.Feb2
Thurs.Feb5
Mon.Feb9
Thurs.Feb12
Mon.Feb16
Thurs.Feb19
Mon.Feb23
Thurs.Feb26
Mon.Mar2
Thurs.Mar5
ADM
Lloydminister
Cargill
Vermilion
Richardson
Provost
Richardson
Pioneer Lavoy
Richardson
Pioneer
Lamont

39. Marketed Prices
Delivery Quantity Buyer Breakeven
$
Sold
For $
Gross
income $
January 2015
Contracted
in 2014
20t
ADM
Lloydminster 6.04/bu 10.05/bu 4.01/bu
January 2015 42t
ADM
Lloydminster 6.04/bu 10.00/bu 3.96/bu
May 2015 37t
ADM
Lloydminster 6.04/bu 10.50/bu 4.46/bu

40. Market Outlook
 Forward Contracting
Following Soybeans
Acres down
The weaker Canadian dollar
Trans-Pacific Partnership (TPP)
New crushing plant
Local bids

41. Hard Red Spring Wheat

42. Total Crop Inventory
2014 Crop Harvested from LC 17,18, and 20
454.39MT (16681.5bu)
#2
14 – 14.5 protein
2013 Crop Harvested
87.56MT (3196.72bu)
#1
14.5 protein

43. HRSW Contracts To Date
Date
made
Month
of
Contract
Amount
sold
(MT)
Price
($/bu)
Price
($/MT)
Price
after
freight
($/MT)
Profit
($/bu)
Sold to:
Oct 10 Nov 2014 132 6.47 237.73 227.73 1.27 Pioneer Lavoy
Dec 4 Apr 2015 126 6.72 246.91 236.91 1.53 Pioneer Lavoy
Jan 26 Apr 2015 120 6.07 223.03 223.03 1.16 Viterra
Vermilion
Jan 30 Jun 2015 80 6.39 234.79 224.79 1.21 Pioneer Lavoy
Mar 2 Jun 2015 70 6.11 224.51 214.51 0.93 Pioneer Lavoy

44. Market Futures
$/MT

45. $4.50
$5.00
$5.50
$6.00
$6.50
$7.00
Cash Prices – Hard Red Spring Wheat
Cargill Vermilion Viterra Vermilion
Richardson Provost Richardsons Pioneer Lavoy

46. -$2.00
-$1.50
-$1.00
-$0.50
$0.00
$0.50
$1.00
$1.50
$2.00
$/bu
Date
Hard Red Spring Wheat Basis
Cargill
Vermilion
Viterra
Vermilion
Richardson
Provost
Richardsons
Pioneer Lavoy

47. Targets set in December
Both targets were measured at 80MT at Richardson
Pioneer in Lavoy, they were not picked up.
December 3rd 2014
Target set at 7.05
Second target set at 7.20
Note:
Current price was just shy of 7

48. Market Challenges
 Wheat prices have been influenced by the previous crop
year where 30% carryover has flooded the market
 World wheat production was raised 1.7mmt from an
already record of 725.03mmt. Increased production came
from Argentina and Kazakhstan

49. 0%
5%
10%
15%
20%
25%
30%
35%
0
2
4
6
8
10
12
2011 2012 2013 2014 2015 2011-2015
Million
Metric
Tonnes
Ending Stocks Stocks/Use %
Hard Red Spring Wheat Ending Stocks

50. World Ending Stocks
0
20
40
60
80
100
120
140
160
180
200
220
240
5 yrs Avg
2010-11 2011-12 2012-13 2013-14 2014-15 2010-14
MillionMetricTonnes

51.  The Canadian Wheat Market will continue to struggle
considering surplus has been an issue.
 Quality issues overshadow total supplies.
 There will be more Spring Wheat acres this year, as last
year many acres were flooded.
 3-5% more acres are projected for 2015 in Western
Canada
Market Outlook

52. Barley
 Light Barley from Flax Field
 Good barley that didn’t make
malt

53. Why the Barley Didn’t Make Malt
 Protein 16.6%

54. Sales
Company Price Contact
Made
Delivery
Date
Richardson
Pioneer Lavoy
$3.90 Dec.17 / 126 mt May delivery
Local Farmer $2.25 N/A 200 mt N/A
 Break even for barley off of LC 01 and 03 is $3.16
 Approx. 19 ton left still to be marketed
 Barley silage sold for 1.5 cent per pound

55. Barley Cash Prices

56. Ending Stocks
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
5
5 yrs Avg
2010-11 2011-12 2012-13 2013-14 2014-15 2010-14
StocksasPercentofUse
MillionMetricTonne
Years
Ending Stocks Stocks/Use %

57. Barley Outlook
Seeded acres to be up 9%
Record low carry over and total supply
Domestic use down 6%
Export decrease to 5%

58. Faba Beans

59. Poor Germination in some areas from frost
Great crop for rotation purposes
Seeded acres on a steady incline
Faba Bean Seed Outlook

60. Seeded Acres in Alberta
Year Seeded Acres
2012 6,000
2013 25,000
2014 80,000
Projected 2015 160,000

61. Five local producers currently interested
Un-cleaned common seed in SK for $11/bu
Certified from Stamp Seeds for $15/bu
Currently selling SMF un-cleaned Faba beans for $9.50/bu
Sales

62. Edible
Must have 10% or less damage
Marketed through a pulse buyer
Price of $8 - $9
Feed
Great protein and energy
Feed price of $6.50 - $7.00
Markets for Faba Beans

63. The current market outlook is fragile
A relatively new crop to the area, with seeded acres sky
rocketing
Markets slowly developing leaving risk of flooding the
market
Market Outlook

64. High Pulse prices have pushed Faba bean prices up
By May/June pulse stocks in Canada very low
Ending Stocks

65. Projected Canadian flax acres up 15% to 1.7 million acres for
2015- 2016 crop year
Current Flax bids at $14.70
New Crop Bids 12.50
Analyst (Larry Weber) predict under $10.00 by harvest
Flax Market Outlook

66. 0.37
0.295
0.128
0.141
0.329
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 5yr
average
MillionMetricTonnes
Crop Year
Canadian Flax Ending Stocks & Stock/Use Ratio
Canadian Flax Ending Stocks
Stocks/Use ( Expressed as
Percentage)

67. Yellow Peas

68. $4.00
$5.00
$6.00
$7.00
$8.00
$9.00 Mon.Sept22
Thurs.Sept25
Mon.Sept29
ThursOct2
Mon.Oct6
ThursOct9
Mon.Oct13
ThursOct16
Mon.Oct20
ThursOct23
Mon.Oct27
Thurs.Oct30
Mon.Nov3
Thurs.Nov6
Mon.Nov10
Thurs.Nov13
Mon.Nov17
Thurs.Nov20
Mon.Nov24
Thurs.Nov27
Mon.Dec1
Thurs.Dec4
Thurs.Jan22
Mon.Jan26
Thurs.Jan29
Mon.Feb2
Thurs.Feb5
Mon.Feb9
Thurs.Feb12
Mon.Feb16
Thurs.Feb19
Mon.Feb23
Thurs.Feb26
Mon.Mar2
Thurs.Mar5
Mon.Mar9
$/BU
Yellow Pea Cash Bids
Ag Value
Broker
Richardson
Provost
Richardsons
Pioneer Lavoy
Richardsons
Pioneer Lamont

69. Contracts
Elevator
Name
Delivery
Period
Amount
Sold
(MT)
Price Break
Even
Prices
Price
After
Break
Evens
Date of
Contract
Pioneer
Lavoy
January 84MT $7.05/bu $259.05/MT $5.36/bu $1.69/bu October
10th, 2014
Pioneer
Lavoy
January 44MT $7.35/bu $270.07/MT $5.36/bu $1.99/bu December
2nd, 2014
Pioneer
Lavoy
April 20MT $9.01/bu $331.06/MT $5.36/bu $3.65/bu February
22nd, 2015

70. Canadian Field Pea Ending Stocks
0
0.1
0.2
0.3
0.4
0.5
0.6
0
2
4
6
8
10
12
14
16
18
Nov-10 Dec-11 2012-13 2013-14 2014-15 2010-14
Stocks as
Percent of
Use
Million
Metric
Tonnes
Ending Stocks Stocks to Use %

71.  Canada is the leading global supplier with nearly 20
percent of global yellow peas trade
 General dry pea seeded acres are expected to rise because
of higher potential returns compared to other crops
 Canadian dollar is falling, compared to the US dollar,
which provides Canadian sales to export at higher
commodity prices for growers
 New crop prices are hovering around $8.00/bu currently
Future Outlook on Peas

72. Finance

73. Manager:
Weekly meetings
Team meetings
General meetings
Team:
QuickBooks
Cost and Returns Excel Sheet
Filing all SMF files
Create a projected budget
Roles and Responsibilities

74. Expenses
34%
15%
13%
10%
8%
7%
5%
4%
2% 2%
Opportunity Cost
Fertilizer
Pesticides
Seed/Seed Treatment
Custom Spraying
Fuel
Equipment Rental
Crop Insurance
Hail Insurance
Other
Total Expenses: $263,072.40

75. Opportunity Costs
 Total Amount $88,290
 Land $49,050
 Labour $9,810
 Equipment Lease
Agreement $29,430

76. Fertilizer

77. Seed and Pesticides
 Pesticides $33,451.46
 Seed And Seed Treatment
$25,930.34

78. Cost to Break Even Prices

79. Projected Income 2014 - 2015
* Based on $275,160.73
and additional
estimated trucking
costs

80. Budgets

81. 2015 – 2016 Projection
Crop Acres Projected
Yield
(Bushels
per acre)
Projected
Expenses
(per acre)
Projected
Market
Price
Projected
Income
(per acre)
Projected
Profit
(per acre)
Peas 93 45 $194.17 $7.63 $343.35 $149.18
HRS
Wheat
117 50 $177.94 $5.90 $295.00 $117.06
Winter
Wheat
135 45 $145.98 $3.00 $135.00 -$10.98
Clearfield
Canola
97 50 $242.09 $9.65 $482.50 $240.41
RR Canola 76 50 $232.83 $9.65 $482.50 $249.67
Barley 102 60 $148.46 $5.27 $316.20 $167.74
Silage 146 21600
(pounds)
$106.91 $0.015
(per lb.)
$324.00 $217.09
Flax 210 30 $169.27 $12.18 $365.40 $196.13

82. Productions

83. LC 12
Joker
LC 14
Heavy Harrow
Tillage Operations
Fall 2014 Tillage
LC 17
Joker
LC 18
Heavy Harrow
LC 20
Heavy Harrow
AL 01
Heavy Harrow
LC 1/3
Joker
LC 10
Joker

85. LC 20: 120 Acres
 CDC Copeland
Fertilizer
 50 – 30 - 20
Seeding Rate
 120 lbs/acre
Malt Barley

86. Herbicide
In Crop
 Axial 100 EC
 Momentum
 MCPA
Fungicide
 Headline
Malt Barley

88. LC 1/3: 76 acres
1012 Nexera Roundup Ready
Fertilizer
50-15-0-15
Seeding Rate
5 lbs/acre
Canola

89. Herbicide
 Pre Seed – Cleanstart
 In Crop - Roundup
Fungicide
Vertisan
Insecticide
Decis
Canola

91. LC 17- 97 acres
Brett Young 5535 Clearfield Canola
Fertilizer
100-15-0-20
Seeding Rate
5 lbs/acre
Canola

92. Herbicide
Pre Seed – Cleanstart
In Crop - Ares
Fungicide
Proline
Insecticide
Decis
Canola

94. LC 14, 18: 210 acres
 Hanley Flax
Seeding rate
 50 lbs/acre
Fertilizer
 LC 14 30-15-15
 LC 18 50-15-15
Flax

95. Herbicide
 Pre Seed – Cleanstart
 In Crop - Curtail M, Assure
Desiccant
 Reglone
Flax

97. LC12: 117acres
 Harvest Wheat from our
Bins
Fertilizer
30-15-15
Seeding Rate
105 lbs/acre
Wheat

98. Herbicide
Pre Seed – Roundup/Express
In Crop – Simplicity/Prestige
Fungicide
(Quilt)
Wheat

100. AL01 – 135 acres (seeded September 14,15 and 16)
Moats Wheat
Fertilizer
70-20-15
1 lb copper
Winter Wheat

101. Winter Wheat
Herbicide
In Crop – Broadband/MCPA
Fungicide
Prosaro/Tilt

103. Silage Barley
LC 10,11,4/5 : 146 acres
Common barley seed
Fertilizer
40-15-20
Seeding Rate
 120 lbs/acre

104. Herbicide
Pre Seed – Roundup
In Crop – Curtail M
Silage Barley

106. LC 19: 93 acres
CDC Meadow
Fertilizer Lbs/acre
3-15-0
Seeding Rate
195 lbs/acre
Yellow Peas

107. Herbicide
 Pre Seed - Roundup/Heat
 In Crop - Odyssey Ultra
Fungicide
Priaxor Vs. Delaro
Preharvest
Reglone
Yellow Peas

108. Research

109. Manager Role
 Coordinate the use of college land for research
 Create agenda for research meetings
 Represent the research team at general meetings
 Work with team players to accomplish goals

110. Team Player Roles
 Attend general & research group meetings
 In fall semester harvest industry trial plots
 Moisture test and grade samples from combine
 Attend steering committee meetings with local producers and
industry representatives
 Plan intensity trials for upcoming season

111. Richardson Wheat Trials
 Harvested September 23, 2014
 7 Varieties: 4 CWRS, 3 CPSR

112. Richardson Canola Trials
Harvested October 6th, 2014
6 varieties replicated twice

113. Soybean Trials
 Five varieties grown on approximately 2/3 acre each
 Dekalb: 23-10 RY, 23-60 RY, 22-60 RY
 Norstar Genetics: Reston
 Brett Young: Pekko
 Seeded May 23rd, 2014
 80lbs per acre
 Did not reach maturity
 Harvested on October 9, 2014

114.  Dow AgroSciences
 Crop Production Services
 Brett Young
2015 Research Trials

115. Enhancing Crop Management
Intensity Trials

116. Goal: To identify and compare three categories of farm
management strategies or intensities, based on return on
investments.
Purpose: To see if farming maximum intensity with
maximum input costs will have a significant return and
benefit
 Student involvement
 Field day/ Tours
 Report on the results

117. Experimental Treatments 2014
(R. Baron, 2014)

119. Results
Yields 2014
(R. Baron, 2014)
Producer Field: College SMF
Treatment A Yield Bu/Acre: 60.5
Treatment B Yield Bu/Acre: 60.7
Treatment C Yield Bu/Acre: 59.9
Significant Difference: No
Producer Field: Sherwood Farms
Treatment A Yield Bu/Acre: 67.4
Treatment B Yield Bu/Acre: 65.9
Treatment C Yield Bu/Acre: 69.0
Significant Difference: No
Producer Field: Gundiwindi Farms
Treatment A Yield Bu/Acre: 67.1
Treatment B Yield Bu/Acre: 67.8
Treatment C Yield Bu/Acre: 62.6
Significant Difference: Yes
Producer Field:
McLaughlin Agri-Ventures
Treatment A Yield Bu/Acre: 66.4
Treatment B Yield Bu/Acre: 65.4
Treatment C Yield Bu/Acre: 67.9
Significant Difference: No

120. 2015 Intensity Trials
 HRS Wheat

121. Public Relations

122. Roles And Responsibilities
 Student Managed Farm representative to the public
 Manage meetings each week with the Public
Relation team
 Delegate roles to each team member
 Attend manager meetings

123. Event Management
 Supper in the Field, Harvest Supper and Final
Presentation
 Organize contact information and send it out to
the public
 Informing first year students of planned events
 Create PowerPoint presentations and videos to be
displayed during events
 Book venues and food for each event
 Decorate

125. Display Bulletin Boards
 Monthly update
 Design, pictures and information
 Inventory management
 Update weekly weather

126. Promotional Items
 Write media releases and update our Twitter feed
 Created event invitations and booklets
 Worked with Focused SP on designing a logo
 Ordered hats and hoodies for the class to hand out
for promotional items
@LC_SMF_Crops

128.  AB Pulse Growers
 Bayer CropScience
 Cargill
 Crop Production Services
 Ducks Unlimited
 DuPont
 Erickson Farms
 Durlowe Farm
 Gundiwindi Farms
 Lindholm Seed Farms
 McLaughlin Agri-Ventures
 Richardson Pioneer
 Sherwood Farms
 Webb’s Crop Service
 Webb’s Machinery
 Western Ag Services
Thank You