smf commercial beef team final presentation april 2013

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Commercial Beef SMF 2012-2013

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Lakeland College's animal science program provides students the opportunity to be part of the student managed farm. This is the April 2013 final presentation of the commercial beef team.

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Page 1: SMF Commercial Beef Team Final Presentation April 2013

Commercial Beef SMF2012-2013

Page 2: SMF Commercial Beef Team Final Presentation April 2013
Page 3: SMF Commercial Beef Team Final Presentation April 2013

Commercial Cow Herd 82 Bred Females 66 Mature cows 16 First time Heifers

Angus Based. Black Simmental And Maine Anjou Influenced

Avg weight = 1450 lbs

Page 4: SMF Commercial Beef Team Final Presentation April 2013

Change in Inventory Cull Percentage = 16.67% Purchased 12 black cows

Retained 10 3 cows sold over calving period Purchased 4 heifers from Purebred

Page 5: SMF Commercial Beef Team Final Presentation April 2013

Current Inventory 76 Cows 9 Replacement Heifers 3 Herd Sires

Page 6: SMF Commercial Beef Team Final Presentation April 2013

Calving 82 calves

77 live calves, 1 Acquired steer calf 37 bull calves, Avg Birth Weight=

96.86 lbs 40 heifer calves, Avg Birth Weight= 90.02

lbs Loss of 5 calves 4 sets of twins

Total Head = 78 Calves

Page 7: SMF Commercial Beef Team Final Presentation April 2013

CalvingKPI-Reproduction 2012 2013 Calving Percentage 95.8% 97.4% Assistance Rate 32.56% 19.75% Death Loss Percentage 9.1% 6.4% Bull Birth Weights 99.76 lbs 96.86 lbs Heifer Birth Weights 102.30 lbs 90.02 lbs Average Birth Weights 100.6 lbs 94.39 lbs

Page 8: SMF Commercial Beef Team Final Presentation April 2013

Herd Sire Criteria $15,000.00 budget for buying Birth Weight-75-105 lbs Yearling Weight-Approx 1350 Weaning Weight- High as possible Average Daily Gain- 3-3.5 or higher

Page 9: SMF Commercial Beef Team Final Presentation April 2013

Herd Sire Criteria Scrotal Circumference

Yearling Minimum 33 cm Average 34.5 cm

Over Age Bulls Minimum 36 cm Average 38.8 cm

Page 10: SMF Commercial Beef Team Final Presentation April 2013

Herd Sires  Soderglen Ranches Ltd.

Select 2013 Bull Sale Sale average: $6,200 Top 3 picked bulls averaged: $7,500

Page 11: SMF Commercial Beef Team Final Presentation April 2013
Page 12: SMF Commercial Beef Team Final Presentation April 2013

Herd Sire Selection Lewis Farms Ltd

First ever herd sires purchased Sale Average: $ 5,490

Page 13: SMF Commercial Beef Team Final Presentation April 2013

LFE BS Lewis 3048Y

$7000

Page 14: SMF Commercial Beef Team Final Presentation April 2013

LFE BS Lewis 3072Y

$4000

Page 15: SMF Commercial Beef Team Final Presentation April 2013

LFE BS Lewis 361Z

$4600.00

Page 16: SMF Commercial Beef Team Final Presentation April 2013

Breeding Season 3 new herd sires Rented heifer bull from Bob Wilson Turned out bulls- April 10th

Pull bulls- June 15th

Shorten Calving Season

Page 17: SMF Commercial Beef Team Final Presentation April 2013

Key Performance Indicators

First 21 Days Second 21 Days Third 21 Days Fourth 21 days0%

10%

20%

30%

40%

50%

60%

Distribution of Calving

20132012

Page 18: SMF Commercial Beef Team Final Presentation April 2013

Key Performance Indicators

% Calf weight of Cow Weight

Average Weaning Weights

Revenue

Actual 49.14% 740.84 lbs $963.09 Bottom 20% removed 52.30% 774.43 lbs $1006.76 Top 20% of the Herd 59.59% 805.43 lbs $1047.06

Page 19: SMF Commercial Beef Team Final Presentation April 2013

Silver Advantage College Silvers Heifers:

17 head Average weight: 828 lbs

Average price: $1.20 /lb

Comparison of Black Heifers: 69 head Average weight: 758 lbs

Average price: $1.21 /lb

Page 20: SMF Commercial Beef Team Final Presentation April 2013

Silver Advantage College Silver Steers

20 head Average weight: 903 lbs

Average price: $1.29

Comparison of Black Steers 21head Average weight: 887 lbs

Average Price: $1.29

Page 21: SMF Commercial Beef Team Final Presentation April 2013

Standard Operating Procedure’s Allowed us to think critically about

previous procedures Created new and updated older

protocols Future students

Guidance easily found Complete understanding of the program

Page 22: SMF Commercial Beef Team Final Presentation April 2013

Agribition Pen of 5 Bred Heifers – Grand Champion

Pen

Pen of 5 Feeder Steers – Reserve Champion Pen

Pen of 5 Heifer Calves – 3rd in Class

Page 23: SMF Commercial Beef Team Final Presentation April 2013

Future Agribition Goals Female Futurity

Open Heifer Calves Bred Heifers Cow/calf Pairs

Potential for Scholarship with winnings

Page 24: SMF Commercial Beef Team Final Presentation April 2013

Ralgro Potential WW increase of 20-35 lb Cost $1.70 per head Percieved risk implanting females

Page 25: SMF Commercial Beef Team Final Presentation April 2013

Herd Health Switched from Killed Vaccines to

Modified Live Vaccine. To be implemented at Weaning Next Year

Bulls are all Vaccinated for Footrot

Page 26: SMF Commercial Beef Team Final Presentation April 2013

Finance Total Income- $202,124.96 Total Expense- $102,231.65 Net Income- $99,893.31

Sale of 44 Steers to Cargill $76,946.58

Page 27: SMF Commercial Beef Team Final Presentation April 2013

Expenses

Page 28: SMF Commercial Beef Team Final Presentation April 2013

Next Year’s Budget 20% Cull Rate 30% Retention rate of heifers 3 herd sires purchased Loss of $15,749 for next year

Page 29: SMF Commercial Beef Team Final Presentation April 2013

SWOT Analysis

Page 30: SMF Commercial Beef Team Final Presentation April 2013

Strengths New herd sires KPI’s tracking performances New budget

Page 31: SMF Commercial Beef Team Final Presentation April 2013

Weaknesses Communication High turnover Economies of scale High inputs

Page 32: SMF Commercial Beef Team Final Presentation April 2013

Opportunities Expansion of the herd Different management practices

Feeding practices SOP consistency Potential for Marketing Breeding

Females

Page 33: SMF Commercial Beef Team Final Presentation April 2013

Threats Volatile markets Land use Budget cuts to the school

Page 34: SMF Commercial Beef Team Final Presentation April 2013

Accomplishments Recommendations from last year

Purchased bulls Standard Operating Procedures Key Performance tracking Financial Reporting Increased communication New tagging system implemented

Page 35: SMF Commercial Beef Team Final Presentation April 2013

Recommendations Reach new media sources

Communicating our activities locally and regionally

Maintain consistent records Watch markets, possibly sell at weaning Financial Report together Marketing breeding females

Page 36: SMF Commercial Beef Team Final Presentation April 2013

Acknowledgements New Holland Nilsson Bros. Vermilion Pfizer Animal Health Westman Farms Wilson Farms Pioneer Hi-breds XXX Farms Highland Feeders Gary Moses Wayne Stetson Josie Van Lent Dr. Gary Etherington Tamara Martin Jessica Cline

Pete Wilkinson Geoff Brown Ron Hoffman Denise Martin Tracy Quinton Robert Dixon Sharon Reiter Dr. Crystal Mullen Joanne Dickson Jamie Anderson Jax Byers Roy Berg