1.Purebred Beef Unit Final Presentation

2. SWOT Analysis 3. SWOT Strengths Beef Day Marketing, representing, profit, made beef unit as a whole stronger and better Genetics Through connections and partnerships we have expanded the genetic base of our herd. Connections By connecting with industry we have gained industry connections that allow us to broaden our opportunities. 4. SWOT Weaknesses Herd Size Less potential to market animals Small herd size with a diverse genetic base can create breeding challenges. Inconsistent Genetic Base Creates challenges with breeding and uniformity within the herd and calf crop. Young Female Conception Low young female conception rate decreases economic profitability. 5. SWOT: Opportunities Outside events Purchase Commercial Recips Expansion of cow herd 31 100 6. SWOT Threats Volatile Industry Cattle industry subject to large fluctuations in commodities Competition Within Industry We are a young herd in the largest most competitive breed in North America Team Work Communicating with different personalities and being able to come together as a team 7. Key Performance Indicators 8. Current Herd Status Spring 2014 Fall 2013 Heifer Calves 5 11 Bull Calves 15 14 Mature Cows 19 20 2 Year Old Cows 7 4 Mature Bulls 1 1 Yearling Heifers 5 8 Total Animals 60 63 Average cow age= 5.5 9. Average Cow Weight As of April 2, 2014 Apr. 2, 2014 Yearling Heifers 1162 lbs 2 Year Olds 1353 lbs Mature 1501 lbs Total Herd Average 1462 lbs 10. Average Body Condition Score As of April 2, 2014 3.0 11. Reproductive KPIs 12. Conception Rate Pregnant 25/32=78% Open mature cows 1/24=4% Open 2 yr olds 2/4=50% Open yearlings 4/8=50% Industry Average=68%* *www.ars.usda.gov 13. Summer Calving Program Three heifers calving in July Potential profit in off age bulls 14. 23 cows calved 1st Cycle 83% 2nd Cycle 13% 3rd Cycle 4% 0% Calving Cycle Percentage 15. Semen Testing March 13, 2014 % Normal Sperm Morphology Scrotal Circumference Yearling Bulls 86% 36 cm Two Year Old Bulls 86% 42 cm 16. Calving KPIs 17. Average Birth Weights Bull Calves Heifer Calves 92.6 lbs. 92 lbs. 18. Bull Calves 75% Heifer Calves 25% Bull Calves vs. Heifer Calves 19. Death loss Dead 3/23 Live 20/23 0% 0% 2013 death loss was 0% Industry Average:10% *Beef Manual 20. 20% 5% 5% 55% 10% 10% 70% 15% 15% Natural Service AI Embryo Calf Numbers Per Sire Total Bulls Heifers 21. Nutrition 22. Average Daily Gain Birth-weaning Lbs/day Weaning-sale Lbs/day Yearling Sale Bulls 2.76 3.5 23. Current Diets Replacement Heifer Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 89.6 43 Wheat Distillers Grain 7.2 3.5 10% feedlot supplement 3.2 1.6 Total cost/head/day=$1.53 24. Yearling Bull Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 82 43 Barley Grain 8 4.5 Wheat Distillers Grain 7 3.5 10% Feedlot Supplement 3 1.6 Total cost/head/day=$2.03 25. Two Year Old Bull Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 79 43 Barley Grain 12 6.6 Wheat Distillers Grain 6 3.5 10% feedlot supplement 3 1.6 Total cost/head/day=$2.26 26. Feed name % of ration As fed lbs/day Cowboy Barley Silage 87 40 Barley Straw 11 5 10% feedlot supplement 2 1 Pre-Calving Ration Total cost/head/day=$1.71 27. Post-Calving Ration Feed name % of ration As fed lbs/day Cowboy Barley Silage 90 55 Barley Grain 4 2.5 Wheat Distillers Grain 4 2.5 10% feedlot supplement 2 1 Total cost/head/day=$2.18 28. Short Term Projects 29. Kazakhstan Heifers Opportunity to export heifers to Kazakhstan Sold 4 heifers averaging 696.50 lbs Off the cow for $1200.00 Total= $4,800.00 30. Pen of three bulls Single heifer 31. OAV Samurai 5A Single Bull Show 32. Pen of Three Bulls OAV Rustler 17A, OAV Jagger 19A, OAV Samurai 5A 33. Single Heifer Show Reserve Grand Champion OAV Precious 13A 34. Little Royal Res. Grand Champion in Jr. Show with OAV Precious 13A Stockman's showed OAV Karma 10A 35. Long Term Projects 36. OAV Classy 4Z 37. OAV Precious 13A 38. Our stall at Agribition 39. First Ever Bull Sale 40. Lot 1 OAV SAMUARI 5A Video 41. Preview Set up 42. Previewing 43. Tent where sale and presentation was 44. Melissa Downing from 45. Demonstrations in the 46. Commercial and Purebred Units 47. Sale time 48. High Seller $ 5,250 Sold to Bill Hamblin 49. Average on 10 bulls $3,510 Total Sale Gross $35,100 50. Volume Buyer Wayne Fleming, Marwayne 51. Our crew and 52. Finances 53. Profit & Loss April 2013 Through March 2014 Income Income Total Livestock Sales $28,081.93 Livestock Inventory Change $66,000.00 Show Revenue $200.00 Total Income $94,281.93 Total Livestock Sales Livestock Inventory Change Show Revenue 54. Expenses Total Feed Expenses $25,521.08 Labor $1,908.56 Total Livestock Purchases $10,000.00 Total Breeding Fees $1,808.85 Total Registration $1,227.34 Total Expenses $48,044.89 Net Income $46,237.04 Total Feed Expenses Total Labor Total Livestock Purchases Total Breeding Fees Total Registration Profit & Loss April 2013 Through March 2014 Expenses 55. 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% Feed Expenses Livestock Purchases Equiptment Rental Labor Breeding Fees Corral Cleaning Registration Fees Show Expenses Utilities Vet/Medications Other Expense Summary 2013-2014 Total Expenses: $48,044.89 56. Balance Sheet Total Assets $369,793.93 Total Liabilities -$14,820.75 Total Equity $384,614.68 Total Liabilities and Equity $369,793.93 Balance Sheet April 2013 Through March 2014 57. 2015 Budget 58. Income Total Livestock Sales $49,480.67 Livestock Inventory Change $34,000.00 Show Revenue $450.00 Total Income $83,930.67 Total Livestock Sales Livestock Inventory Change Show Revenue Budgeted Income 2014-2015 59. Expenses Total Feed Expenses $25,521.08 Total Labor $1,906.56 Total Breeding Fees $1,808.85 Total Livestock Purchase $44,000.00 Total Registration Fees $1,227.34 Total Expenses $83,717.22 Net Income $213.45 Total Feed Expenses Total Labor Total Breeding Fees Total Livestock Purchase Total Registration Fees Budgeted Expenses 2014-2015 60. 1. Maintain current vision 2. Focus on marketing 3. Select bulls according to marketing plan 4. Consider return cost on showing 5. Diets on young cattle 6. SMF teams work together to create one financial report for farm Recommendations from last year 61. Recommendations 2014-2015 1. Continue Beef Day 2. Continue herd expansion 3. Develop marketing strategies early 4. Continue building strong industry relationships 5. Continue a working relationship with Farm Staff 62. Recommendations 7. Create a working spreadsheet for all animal weights and records to keep unit updated 8. Continue to build diets early according to marketing plan 9. Create regular meetings with commercial team 63. Thank Yous Industry Members Powell Cats Chicks Charolais Cattle Company Hawk Ranching Miller Wilson Angus Dixon Farms Western Canadian Agribition Wayne Stetson Rusty Stalwick Nilsson Brothers Canadian Angus New Holland Bryon Walters, Jim Pulyk, Harvey Trach Melissa Downing 2014 Bull Buyers Fellow SMF members Farm Staff Pete Wilkonson Sharon Reiter Jamie Anderson Roy Berg Cody Faux Silas Borhen Devon Bernard Faculty Josie Van Lent Denise Martin Robert Dixon Geoff Brown Darrel Hickman Tracy Quinton Ken Smith Crystal Mullin 64. Questions?