Student Managed Farm Beef Team Final Presentation 2012
-
Upload
lakeland-college -
Category
Education
-
view
336 -
download
1
description
Transcript of Student Managed Farm Beef Team Final Presentation 2012
![Page 1: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/1.jpg)
BEEF TEAM
Final Presentation
![Page 2: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/2.jpg)
Current Inventory• 26 Purebred Black Angus Cows• 5 replacement heifers• 7 Yearling bulls• 1 two year old bull
• 73 Commercial Angus base cows• 15 replacement heifers
![Page 3: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/3.jpg)
Facilities CommitteeBreanna Boyes, Cal Aube, Christian Gravesen, Jordan Martinson, Thomas Brochu, Ty McCrie
![Page 4: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/4.jpg)
Feeding & GrazingEvan Chalut, Jelissa Pond, Leah Keeling,
Rebekkah Miller, Riley Isaacson
![Page 5: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/5.jpg)
Marketing Committee
Evan Chalut, Jordan Martinson, Riley Isaacson
![Page 6: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/6.jpg)
Commercial Committee
Brooke Lowes, Evan Chalut, Kristie Knudsen
![Page 7: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/7.jpg)
Purebred Committee
Curtis Klein, Laryssa Williams, Logan Martinson
![Page 8: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/8.jpg)
Finance & Record Keeping
Brooke Lowes, Laryssa Williams
![Page 9: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/9.jpg)
Feeder Steers• Finished 44 steers• Contracted steers to Cargill
for $1.22/lb• SMF Beef toured Cargill in
High River
![Page 10: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/10.jpg)
Agribition• Reserve Champion
with a pen of five bred heifers
• Reserve Champion with a pen of five open replacement heifers
• Two purebred heifers shown
• Two prospect steers sold
![Page 11: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/11.jpg)
Branding
• Traditional branding of 2012 calves
![Page 12: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/12.jpg)
Cow-calf Feeder TOTAL
Total Income
$69 254.52 0 $69,254.52
Total Expenses
$46,194.20 $51,921.08 $98,115.28
Net Income
$23,060.32
$-51,921.08
$-28,860.76
Profit Loss By Class
Expected Income
Bulls $11,000
Feeder Steers $80,573.86
Custom Feeding $4,058.34
Total $95,632
![Page 13: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/13.jpg)
Cow-Calf Feeder Total
Net Income
$23,060.32 $-51,921.08
$-28,860.76
Expected Net Income
$38,118.66 $28,652.78 $ 66,771.44
Net Profit Including Expected Income
![Page 14: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/14.jpg)
Feeder Steer Project
Projected Total Profit
$14,131.00
Total Actual Profit $28,652.60Difference $14,521.60
![Page 15: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/15.jpg)
SWOT Analysis(Strengths, Weaknesses, Opportunities,
Threats)
![Page 16: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/16.jpg)
Overall Strengths
• Ability to measure cattle statistics
• Extended grazing
• Positive industry relationships
![Page 17: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/17.jpg)
Commercial Strengths• High quality commercial cow herd• High Weaning Weight•2011 Weaning Weight – 714 lbs.• Industry average – 550lbs.
![Page 18: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/18.jpg)
Purebred Strengths
• Historical Cattle herd
• Access to new technology
![Page 19: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/19.jpg)
Overall Weaknesses• Renting Bulls
• Age
• Culling protocol
• Poor record keeping
• Lack of communication from year to year
![Page 20: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/20.jpg)
Commercial Weaknesses• Tagging System
![Page 21: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/21.jpg)
Purebred Weaknesses• 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%
![Page 22: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/22.jpg)
Overall Opportunity• Managing body condition score
• Creating two different enterprises
• Electronic record keeping
• Key Performance Indicators
![Page 23: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/23.jpg)
Commercial opportunities• Generating good replacement heifers
• New tagging system
• Buying herd sires
![Page 24: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/24.jpg)
Purebred Opportunities
• Embryo transfer
• GrowSafe RFI
• Marketing purebred bulls
• New A.I. protocol
• Buying bull
• Leptin testing
![Page 25: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/25.jpg)
Overall Threats• Constant turnover of students
• Risk of disease
![Page 26: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/26.jpg)
Commercial Threats• Breeding different breeds every year
• Lack of replacement heifers
![Page 27: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/27.jpg)
Purebred Threats• Not improving the herd
• No clear bull sale future
• Negative perception of herd
![Page 28: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/28.jpg)
Recommendations• Improve conception rates for A.I.
• Purchase bulls
• Key Performance Indicators
• Computer in the Red Barn
• Take pride in the herd
![Page 29: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/29.jpg)
Next Year’s BudgetItem 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
![Page 30: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/30.jpg)
Supporters of Beef SMF• 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
![Page 31: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/31.jpg)
Thank-You • Pete Wilkinson• Geoff Brown• Ron Hoffman• Jamie Anderson• Denise Martin• Tracy Quinton• Josie Pashulka
• Robert Dixon• Joanne Dickson• Sharon Reiter• Deanna Krys• Dr. Crystal Mullen• Dr. Ken Smith
![Page 32: Student Managed Farm Beef Team Final Presentation 2012](https://reader034.fdocuments.us/reader034/viewer/2022051514/54bb2a5f4a79592d648b4610/html5/thumbnails/32.jpg)
Any Questions?