purebred smf team final presentation april 2017

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Page 1: Purebred SMF Team Final Presentation April 2017
Page 2: Purebred SMF Team Final Presentation April 2017

SMF Purebred Unit- 2016/2017

Page 3: Purebred SMF Team Final Presentation April 2017

SWOT Analysis

• Quality of our genetics

• Networking within the industry

• Background in the industry

• Short term management

Strengths Weaknesses

Page 4: Purebred SMF Team Final Presentation April 2017

SWOT Analysis

• Genetic improvements

• Increasing herd size

• Marketing of herd

• Future students

• Biosecurity

• Pen availability

• Pasture availability

Opportunities Threats

Page 5: Purebred SMF Team Final Presentation April 2017

Key Performance Indicators

Growth Open Cows

Length ofCalving Season Death Loss

G O

L D

Page 6: Purebred SMF Team Final Presentation April 2017

Growth

Weaning Lowest

Weaning Highest

March Lowest

MarchHighest

Bulls 530 lbs. 930 lbs. 1050 lbs. 1568 lbs.

Heifers 564 lbs. 850 lbs. 902 lbs. 1266 lbs.

Page 7: Purebred SMF Team Final Presentation April 2017

Open Cows

• Breeding mineral

• Vaccines

• Two bulls for breeding

Page 8: Purebred SMF Team Final Presentation April 2017

Length of Calving Season

39%

42%

19%

74 days

January

February

March

Page 9: Purebred SMF Team Final Presentation April 2017

Death Loss

• Total loss of 6 calves – 17% death loss

• Natural Calves

– 4 bulls, 1 heifer

• Embryo Calves

– 1 bull

DDeath Loss

Page 10: Purebred SMF Team Final Presentation April 2017

Semen Testing

• Electro-ejaculation

• Checks fertility

• Two decision deferred

Page 11: Purebred SMF Team Final Presentation April 2017

Calf Treatments

• Scours

– Penicillin

– Scour boluses

• 69E had contracted tendons

– Rompun

– Metacam

Page 12: Purebred SMF Team Final Presentation April 2017

Health Checks

• Twice daily

• Preventative measures

Page 13: Purebred SMF Team Final Presentation April 2017

General Health

• Vaccinated heifers

and bulls

• Palpated heifers

Page 14: Purebred SMF Team Final Presentation April 2017

Sustainability and Stewardship

• Identify high risk areas

• Environmental Farm Plan

Page 15: Purebred SMF Team Final Presentation April 2017

Carcass Ultrasound

• Record current herd status

• Set a target goal

Page 16: Purebred SMF Team Final Presentation April 2017

Embryo Plans

• New contract with Commercial and Stockman’s Club

• Red and black embryos

• Putting embryos in 10-15 cows

Page 17: Purebred SMF Team Final Presentation April 2017

New Herd Bull

• Purchased from Northern Alliance Bull Sale

– Lot 526 - PM TOP GUN 8216

– Purchased from Poplar Meadows for $11,000

Page 18: Purebred SMF Team Final Presentation April 2017

Breeding Plans

• Turn out Poplar Meadows Top Gun with heifers

• Merit Source will breed cows

Page 19: Purebred SMF Team Final Presentation April 2017

Culling

• 10W

– Arthrogryposis multiplex carrier, now used in recipient program

• 52C– Calf died, temperament, related to 10W

• 34C

– C-Section

Page 20: Purebred SMF Team Final Presentation April 2017

Cow Herd Diet

• $1.71/ head/ day - dry cow

• $1.75/ head/ day - lactating cow

Page 21: Purebred SMF Team Final Presentation April 2017

Yearling Bull Pen

• Goal weight of 1350 lbs

• Averaged 1379 lbs

• $1.97/ head/ day

Page 22: Purebred SMF Team Final Presentation April 2017

Replacement Heifer Pen

• Goal weight of 1100 lbs

• Averaged 1128 lbs

• $1.43/ head/ day

Page 23: Purebred SMF Team Final Presentation April 2017

Show String

• Country Junction ration

• Free choice hay

• Free choice mineral and cobalt salt block

Page 24: Purebred SMF Team Final Presentation April 2017

Grazing Plan 2017

• Pasture rotation

• Mineral placement

A

B

D

C

E

Page 25: Purebred SMF Team Final Presentation April 2017

Goals of Marketing

• Attracting new Beef Day clientele

• Marketing the purebred herd

• Promoting Lakeland College

Page 26: Purebred SMF Team Final Presentation April 2017

Social Media

• Continued to be a success throughout the year

• Gained multiple new mailing contacts for Beef Day

• Gained one new bull buyer

Page 27: Purebred SMF Team Final Presentation April 2017

Print Marketing

• Published an ad in Angus Edge and Angus Angle

• Goal was to increase Beef Day audience

Page 28: Purebred SMF Team Final Presentation April 2017

Knowing Our Audience

• Different target groups

• Variety of marketing tools

Page 29: Purebred SMF Team Final Presentation April 2017

Canadian Bull Congress

• Trade and livestock exhibition

• Unique venue

• Presence of quality cattle

Page 30: Purebred SMF Team Final Presentation April 2017

Yearly Show Expenses

$920

$940

$900

$3,397

$1,335 $669

$1,120

$4,712 Lloydminster

Agribition

Camrose

Feed

Supplies

Transport

Food

Hotels

Page 31: Purebred SMF Team Final Presentation April 2017

Show Recommendations

• Consider attending the National Angus show at Farmfair International

• Red influence in show string

• Maintain longevity of show females

Page 32: Purebred SMF Team Final Presentation April 2017

Beef Day Results

• 13 bulls averaged $3,561

• 54D was the high seller at $5,000

• One lot of three embryos sold for $3,000

Page 33: Purebred SMF Team Final Presentation April 2017

Beef Day Recommendations

• Include pick up/holding dates for bulls in sale catalogue

• Continue bringing in new buyers along with repeat customers

• Marketability of bulls throughout the year

Page 34: Purebred SMF Team Final Presentation April 2017

Beef Day Recommendations

• Continue involving all Livestock SMF Units

– #OneTeam

• Earlier catalogue timeline

Page 35: Purebred SMF Team Final Presentation April 2017

Revenue

$5,495

$49,850

$3,000 $935 $461

Cull Sales

Bull Calf Sales

Embryo Sales

Bull Rental

Miscellaneous

Total Revenue: $59,742.60

Page 36: Purebred SMF Team Final Presentation April 2017

Income vs Yearly Budget

$5,496

$49,850

$3,000 $3,000

$58,500

$3,000

Cull Sales Bull Calf Sales Embryo Sales

Income

Budget

Page 37: Purebred SMF Team Final Presentation April 2017

Expenses vs Yearly Budget

$31,742

$22,603

$6,665 $6,324 $4,051

$15,500

$5,000 $7,300

$3,000 $3,300

Feed LivestockPurchase

Beef Day Vet Show Supplies

Expenses Budget

Total Expenses: $69,079.75

Page 38: Purebred SMF Team Final Presentation April 2017

Expenses vs. Industry Average

$400

$234

$120

$41

$15

$351

$90

$160

$75

$18

Feed Breeding Labor Registration Vet

Unit

Industry

Unit Total: $810/ headIndustry Total: $694/ head

Page 39: Purebred SMF Team Final Presentation April 2017

Financial Summary

• Net Loss ($9,337)

• Adjusted Herd Inventory $159,600

• Accrual Net Profit $150,195

Page 40: Purebred SMF Team Final Presentation April 2017

Accomplishments

• Generated interest

• Red embryo program

• Beef Day

• Increased networking

Page 41: Purebred SMF Team Final Presentation April 2017

Recommendations

• Purchase assets

• Continue culling

• Embryo transfer

• Attend livestock shows

Page 42: Purebred SMF Team Final Presentation April 2017

Thank YouLeila Hickman

Denise Martin

Josie Van Lent

Peter Wilkinson

Sharon Rieter

Jamie Anderson

Austin Partington

April Warrilow

Rusty Quam

Lakeland College Marketing Department

Dr. Kent Weir

Geoff Brown

Blair Dow

Marisa Moe

Bevin Hamilton

Janet Kerr

Jessica Hryciuk

Darrell Hickman

Tracy Quinton

Kyle Dodgson

Corey Bloder

Grayden Kay

Laura Bodell

Target Cattle Concepts

Lazy MC Angus

Poplar Meadows Farms

Rodgers Farms

Radford Trucking

Twine Design & Graphics

Diamond C McPhee Ranches

Hall’s Cattle Company

Turkey Snelgrove

Janelle & Ramon Green

SMF Units

UFA

New Holland

Amy Cusack

Tamara Martin

Page 43: Purebred SMF Team Final Presentation April 2017

Questions?

Page 44: Purebred SMF Team Final Presentation April 2017
Page 45: Purebred SMF Team Final Presentation April 2017