9. • Finished 44 steers
• Contracted steers to Cargill for
$1.22/lb
• SMF Beef toured Cargill in High
River
10. • Reserve Champion with • Two purebred heifers
a pen of five bred heifers shown
• Reserve Champion with
a pen • Two prospect steers sold
of five open replacement
heifers
12. Cow-calf Feeder TOTAL
Total Income $69 254.52 0 $69,254.52
Total $46,194.20 $51,921.08 $98,115.28
Expenses
Net Income $23,060.32 $-51,921.08 $-28,860.76
Expected Income
Bulls $11,000
Feeder Steers $80,573.86
Custom Feeding $4,058.34
Total $95,632
13. Cow-Calf Feeder Total
Net Income $23,060.32 $-51,921.08 $-28,860.76
Expected $38,118.66 $28,652.78 $ 66,771.44
Net Income
14. Projected Total $14,131.00
Profit
Total Actual Profit $28,652.60
Difference $14,521.60
21. • Size of the herd limits opportunity
• Lack of personal connection
• Poor conception rates for A.I. program
• 2011 – 25% conception rate
• Industry Average – 50-60%
22. • Managing body condition score
• Creating two different enterprises
• Electronic record keeping
• Key Performance Indicators
23. • Generating good replacement heifers
• New tagging system
• Buying herd sires
27. • Not improving the herd
• No clear bull sale future
• Negative perception of herd
28. • Improve conception rates for A.I.
• Purchase bulls
• Key Performance Indicators
• Computer in the Red Barn
• Take pride in the herd
29. Item Budget
Livestock Sales $73,351.27
TOTAL INCOME $81,254.52
Feed Expenses $29,660.72
Livestock Purchases $32,000.00
TOTAL EXPENSE $76,695.90
NET INCOME $4,558.62
30. • Scott Webb – New Holland
• Rusty Stalwick – Nilsson Bros.
• Brian Chrisp – Misty Hills Charolais
• Ernie Gibson – Everblack Angus
• Bill Hamblin –
• Bob Wilson -
• Denis Mercier – Cargill Foods
• Duncan MacMillan – MacMillan Ranch
• Christine Erichsen – Merck
• Dean Davidson – XXX Farms
• Page Stuart – Elanco Animal Health
• Neil Carruthers – Pfizer Animal Health
• Lisa Andrashewski – Pioneer Hi-breds
• Westman Farms
31. • Pete Wilkinson • Robert Dixon
• Geoff Brown • Joanne Dickson
• Ron Hoffman • Sharon Reiter
• Jamie Anderson • Deanna Krys
• Denise Martin • Dr. Crystal Mullen
• Tracy Quinton • Dr. Ken Smith
• Josie Pashulka