Controlling Feed costs big challenges big changes

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Controlling Feed costs big challenges big changes DGM:ISU Dr. Dan Morrical Iowa State University 515-294-2904 [email protected]

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Controlling Feed costs big challenges big changes. Dr. Dan Morrical Iowa State University 515-294-2904 [email protected]. DGM:ISU. Feed Costs. Shepherds have control Single largest cost of sheep production 50-75% of total costs Current cost of production?????. - PowerPoint PPT Presentation

Transcript of Controlling Feed costs big challenges big changes

Page 1: Controlling Feed costs big challenges big changes

Controlling Feed costsbig challengesbig changes

DGM:ISU

Dr. Dan MorricalIowa State [email protected]

Page 2: Controlling Feed costs big challenges big changes

Feed CostsShepherds have controlSingle largest cost of sheep production

50-75% of total costs

Current cost of production?????

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10 steps to reduce feed costs

1. Control feed waste

good bunks

feed what ewes need

not what ewes want

limit access to big packages

process big packages

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10 steps to reduce feed costs10 steps to reduce feed costs

2. Use feed substitution/byproducts

purchase feeds on nutrient cost

examples: corn gluten feed

dry distillers grains

soybean hulls

hay qualities

DGM:ISU

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Comparison shoppingSBM

$450 per ton

48% CP

2000*.48=960 lbs

$450/960= $.469

DDGS

$140 per ton

27% CP

2000*.27=540 lbs

$140/540= $.259

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Comparison shoppingCorn

$3.50/ bu

3.50/56= $.0625

$.0625/.77=

$.08/lb TDN

DDGS

$140 per ton

77% TDN

2000*.77=1540 lbs

$140/1540=

$.091/lb TDN

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10 steps to reduce feed costs10 steps to reduce feed costs

3. Separate management groups

ewe lambs vs mature ewes

singles vs twins

thin vs average vs fat

DGM:ISU

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10 steps to reduce feed costs

4. Mineral cost and intake

Read label

know intake level

TM salt vs mineral

cooperative purchasingDGM:ISU

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Mineral costs $2.00 to $15.00 per ewe

TM salt at $11/50 lb bag

.5 ounce intake/day

365*.5=182 ounces/16=11.4

$11 x 23%= $2.53 per ewe

Sheep mineral $25.00/bag

1ounce intake/day

365 ounces/16 = 22.8

$25 *46%= $11.40 per eweDGM:ISU

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10 steps to reduce feed costs

5. Sample hays

supplement as needed

example: protein tubs

“They might need it”

DGM:ISU

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Iowa Hay Quality Survey, dmbHay type CP TDN

Grass Ave. Range Ave. Range

1st cut 11.6 (6-20) 55.7 (47-67)

all others 15.2 (12-19.7) 61.8 (57-70)

Mixed

1st 13.9 (8-22) 56.1 (41-69)

2nd 16.8 (10-22) 59.6 (47-70)

3rd 18.3 (11-23) 62.4 (49-73)

Legumes

1st 16.9 (10-22) 56.7 (48-69)

2nd 18.3 (14-22) 57.7 (45-68)

3rd 19.9 (13-23) 59.4 (47-70)

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10 steps to reduce feed costs10 steps to reduce feed costs

6. Feed inventory management

Net wrap vs twine

Store on rock etcetera

Tarp hay

Birds

DGM:ISU

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19871987 3.13.1 17.117.1

19881988 4.44.4 17.017.0

19891989 3.63.6 17.117.1

19901990 9.19.1 18.118.1

19911991 3.53.5 18.018.0

19921992 3.73.7 19.619.6

AverageAverage 4.64.6 17.817.8

SERPSERP DGM:ISUDGM:ISU

YearYear PasturePasture Dry lotDry lot

7. Improved grazing management

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Ewe Grazing Days Per Ewe Grazing Days Per AcreAcre

BFT: KyBGBFT: KyBG 14291429 19731973

BFT: SBGBFT: SBG 14741474 21222122

BFT: OGBFT: OG 14461446 20282028

Cost $40.00/yearCost $40.00/year

2 of 3 years were drought2 of 3 years were drought DGM:ISUDGM:ISU

Peter Woods, WIPeter Woods, WI

aa

aa

3 Year 3 Year HighHighAverageAverage YearYear

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10 steps to reduce feed costs10 steps to reduce feed costs

8. Grazing crop residues

1 extra mo. $7.50

2 extra mo. $15.00

Grazing Season Feed Length Savings

DGM:ISUDGM:ISU

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10 steps to reduce feed costs10 steps to reduce feed costs

9. Fetal Scanning

groups ewes by stage of production

group ewes by level of production

cull or re-breed open ewes

organized lambing not long lambing

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10 steps to reduce feed costs10 steps to reduce feed costs

10. Change production systems

Late lambing

Nutrient requirements and

forage quality match

Gear up ewe flock

Does increase feed costs much

but generates more outputDGM:ISUDGM:ISU

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Bonus discussionBuy when ingredients are priced

right, must be able to pull trigger

hay (summer)

corn (fall??)

soybean hulls (summer)

ability to store semi loads

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Lamb finishingCorn-pelleted protein $220/ton

$3.50 corn and $600 protein, 80:20

Soyhull-DDGS ration = $180/ton

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Ration cost is only half the story

Corn:PP

$.11 per pound

FE of 6 to 1

6*.11 = $.66

DDGS:SBhulls

$.09 per pound

FE of 7:1

7*.09 = $.63

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Buy bulk Bagging adds $30 or more/ton

besides it is not green

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Feeding out LambsProfit center is feeding lambs

Selling feeders is costing PROFIT POTENTIAL

Push the pencil really hard

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Feed ConversionFeed at $.11 per pound.

FE at 6 = $.66 feed cost of gain

Bovatec vs Deccox

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Feed ConversionControl death loss(<2%)

Use high growth terminal sires

improves FE .5 pound

80 lbs gain=40 lbs feed= $4.40

Market when ready

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Purchase and use Sheep BrandsUtilizes 2007 Nutrient Requirements of Small Ruminants from the NRC

Incorporates metabolizable protein and net energy system; body condition scoring adjustments; implant and feed additive adjustments; and local

weather adjustments.

Allows the user to define additional nutritional requirements.

Develops batch sheets for feed mixing and total mixed ration development.

Allows the user to customize the default settings for weather and sheep.

Evaluates rations for the following: multiple stages of production; ration adequacy for group weight range; macro and micro-minerals and vitamin

status; and ration costs.

Calendarized approach in ewe development

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Be creative take control

• Test hay

• Balance ration

• Comparison shop

• Control waste

• Seek advice