Student Managed Farm Purebred Beef Final Presentation April 2014

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2nd year students in Lakeland College's animal science technology program take a Student Managed Farm class. Lakeland's Student Managed Farm - powered by New Holland has both livestock and crop sides. The livestock side is further broken down into commercial beef, dairy, purebred beef and sheep units. This is the final presentation of the 2013-14 purebred beef unit

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  • Needs new numbers
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  • Advertised sale bulls and beef day, we were able to talk to and meet several industry members We promoted lakeland colleges purebred herd, by getting our name and our animals out.
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  • Opportunity to advertise our sale bulls while showcasing and marketing the purebred herds yearling and 2 year old bulls Lakeland CollegeGoals are to advertise Lakeland college and our purebred herdPartnering with the Canadian Angus Association
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  • Student Managed Farm Purebred Beef Final Presentation April 2014

    1. 1. Purebred Beef Unit Final Presentation
    2. 2. SWOT Analysis
    3. 3. SWOT Strengths Beef Day • Marketing, representing, profit, made beef unit as a whole stronger and better Genetics • Through connections and partnerships we have expanded the genetic base of our herd. Connections • By connecting with industry we have gained industry connections that allow us to broaden our opportunities.
    4. 4. SWOT Weaknesses Herd Size • Less potential to market animals • Small herd size with a diverse genetic base can create breeding challenges. Inconsistent Genetic Base • Creates challenges with breeding and uniformity within the herd and calf crop. Young Female Conception • Low young female conception rate decreases economic profitability.
    5. 5. SWOT: Opportunities Outside events Purchase Commercial Recips Expansion of cow herd 31 100
    6. 6. SWOT Threats Volatile Industry • Cattle industry subject to large fluctuations in commodities Competition Within Industry • We are a young herd in the largest most competitive breed in North America Team Work • Communicating with different personalities and being able to come together as a team
    7. 7. Key Performance Indicators
    8. 8. Current Herd Status Spring 2014 Fall 2013 Heifer Calves 5 11 Bull Calves 15 14 Mature Cows 19 20 2 Year Old Cows 7 4 Mature Bulls 1 1 Yearling Heifers 5 8 Total Animals 60 63 Average cow age= 5.5
    9. 9. Average Cow Weight As of April 2, 2014 Apr. 2, 2014 Yearling Heifers 1162 lbs 2 Year Olds 1353 lbs Mature 1501 lbs Total Herd Average 1462 lbs
    10. 10. Average Body Condition Score As of April 2, 2014 3.0
    11. 11. Reproductive KPI’s
    12. 12. Conception Rate Pregnant 25/32=78% Open mature cows 1/24=4% Open 2 yr olds 2/4=50% Open yearlings 4/8=50% Industry Average=68%* *www.ars.usda.gov
    13. 13. Summer Calving Program • Three heifers calving in July • Potential profit in off age bulls
    14. 14. 23 cows calved 1st Cycle 83% 2nd Cycle 13% 3rd Cycle 4% 0% Calving Cycle Percentage
    15. 15. Semen Testing March 13, 2014 % Normal Sperm Morphology Scrotal Circumference Yearling Bulls 86% 36 cm Two Year Old Bulls 86% 42 cm
    16. 16. Calving KPI’s
    17. 17. Average Birth Weights Bull Calves Heifer Calves 92.6 lbs. 92 lbs.
    18. 18. Bull Calves 75% Heifer Calves 25% Bull Calves vs. Heifer Calves
    19. 19. Death loss Dead 3/23 Live 20/23 0% 0% 2013 death loss was 0% Industry Average:10% *Beef Manual
    20. 20. 20% 5% 5% 55% 10% 10% 70% 15% 15% Natural Service AI Embryo Calf Numbers Per Sire Total Bulls Heifers
    21. 21. Nutrition
    22. 22. Average Daily Gain Birth-weaning Lbs/day Weaning-sale Lbs/day Yearling Sale Bulls 2.76 3.5
    23. 23. Current Diets Replacement Heifer Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 89.6 43 Wheat Distillers Grain 7.2 3.5 10% feedlot supplement 3.2 1.6 Total cost/head/day=$1.53
    24. 24. Yearling Bull Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 82 43 Barley Grain 8 4.5 Wheat Distillers Grain 7 3.5 10% Feedlot Supplement 3 1.6 Total cost/head/day=$2.03
    25. 25. Two Year Old Bull Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 79 43 Barley Grain 12 6.6 Wheat Distillers Grain 6 3.5 10% feedlot supplement 3 1.6 Total cost/head/day=$2.26
    26. 26. Feed name % of ration As fed lbs/day Cowboy Barley Silage 87 40 Barley Straw 11 5 10% feedlot supplement 2 1 Pre-Calving Ration Total cost/head/day=$1.71
    27. 27. Post-Calving Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 90 55 Barley Grain 4 2.5 Wheat Distillers Grain 4 2.5 10% feedlot supplement 2 1 Total cost/head/day=$2.18
    28. 28. Short Term Projects
    29. 29. Kazakhstan Heifers • Opportunity to export heifers to Kazakhstan • Sold 4 heifers averaging 696.50 lbs • Off the cow for $1200.00 – Total= $4,800.00
    30. 30. Pen of three bulls Single heifer
    31. 31. OAV Samurai 5A Single Bull Show
    32. 32. Pen of Three Bulls OAV Rustler 17A, OAV Jagger 19A, OAV Samurai 5A
    33. 33. Single Heifer Show Reserve Grand Champion OAV Precious 13A
    34. 34. Little Royal Res. Grand Champion in Jr. Show with OAV Precious 13A Stockman's showed OAV Karma 10A
    35. 35. Long Term Projects
    36. 36. OAV Classy 4Z
    37. 37. OAV Precious 13A
    38. 38. Our stall at Agribition
    39. 39. First Ever Bull Sale
    40. 40. Lot 1 OAV SAMUARI 5A Video
    41. 41. Preview Set up
    42. 42. Previewing
    43. 43. Tent where sale and presentation was
    44. 44. Melissa Downing from
    45. 45. Demonstrations in the
    46. 46. Commercial and Purebred Units
    47. 47. Sale time
    48. 48. High Seller $ 5,250 Sold to Bill Hamblin
    49. 49. Average on 10 bulls $3,510 Total Sale Gross $35,100
    50. 50. Volume Buyer Wayne Fleming, Marwayne
    51. 51. Our crew and
    52. 52. Finances
    53. 53. Profit & Loss April 2013 Through March 2014 Income Income Total Livestock Sales $28,081.93 Livestock Inventory Change $66,000.00 Show Revenue $200.00 Total Income $94,281.93 Total Livestock Sales Livestock Inventory Change Show Revenue
    54. 54. Expenses Total Feed Expenses $25,521.08 Labor $1,908.56 Total Livestock Purchases $10,000.00 Total Breeding Fees $1,808.85 Total Registration $1,227.34 Total Expenses $48,044.89 Net Income $46,237.04 Total Feed Expenses Total Labor Total Livestock Purchases Total Breeding Fees Total Registration Profit & Loss April 2013 Through March 2014 Expenses
    55. 55. 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% Feed Expenses Livestock Purchases Equiptment Rental Labor Breeding Fees Corral Cleaning Registration Fees Show Expenses Utilities Vet/Medications Other Expense Summary 2013-2014 Total Expenses: $48,044.89
    56. 56. Balance Sheet Total Assets $369,793.93 Total Liabilities -$14,820.75 Total Equity $384,614.68 Total Liabilities and Equity $369,793.93 Balance Sheet April 2013 Through March 2014
    57. 57. 2015 Budget
    58. 58. Income Total Livestock Sales $49,480.67 Livestock Inventory Change $34,000.00 Show Revenue $450.00 Total Income $83,930.67 Total Livestock Sales Livestock Inventory Change Show Revenue Budgeted Income 2014-2015
    59. 59. Expenses Total Feed Expenses $25,521.08 Total Labor $1,906.56 Total Breeding Fees $1,808.85 Total Livestock Purchase $44,000.00 Total Registration Fees $1,227.34 Total Expenses $83,717.22 Net Income $213.45 Total Feed Expenses Total Labor Total Breeding Fees Total Livestock Purchase Total Registration Fees Budgeted Expenses 2014-2015
    60. 60. 1. Maintain current vision 2. Focus on marketing 3. Select bulls according to marketing plan 4. Consider return cost on showing 5. Diets on young cattle 6. SMF teams work together to create one financial report for farm Recommendations from last year
    61. 61. Recommendations 2014-2015 1. Continue Beef Day 2. Continue herd expansion 3. Develop marketing strategies early 4. Continue building strong industry relationships 5. Continue a working relationship with Farm Staff
    62. 62. Recommendations 7. Create a working spreadsheet for all animal weights and records to keep unit updated 8. Continue to build diets early according to marketing plan 9. Create regular meetings with commercial team
    63. 63. Thank You’s Industry Members Powell Cats Chicks Charolais Cattle Company Hawk Ranching Miller Wilson Angus Dixon Farms Western Canadian Agribition Wayne Stetson Rusty Stalwick Nilsson Brothers Canadian Angus New Holland Bryon Walters, Jim Pulyk, Harvey Trach Melissa Downing 2014 Bull Buyers Fellow SMF members Farm Staff Pete Wilkonson Sharon Reiter Jamie Anderson Roy Berg Cody Faux Silas Borhen Devon Bernard Faculty Josie Van Lent Denise Martin Robert Dixon Geoff Brown Darrel Hickman Tracy Quinton Ken Smith Crystal Mullin
    64. 64. Questions?

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