Commercial Beef Unit
“Striving to raise quality beef through educational opportunities and hands on experience, while creating relationships within industry!”
Vision for Herd • Raise Quality Animals • Practice VBP + Procedures and Standards • Produce Feedlot Performance Cattle • Increase the Reproductive Efficiency • Continue with the Blaze Face Program • Stay involved with Canadian Western Agribition and Beef Day
Strengths
Weakness
• • • •
• • • •
Team bonding Strong communication Expanding market opportunities Time management
Large group size Pasture shortage Weaning weights Increased calving assistance
Opportunities
Threats
• • • •
• • • •
Good contacts within industry New blaze face bull Selling replacements at Beef Day Social media marketing
Feed shortage Market downfalls Not enough land to expand Biosecurity
Previous Recommendations • • • • • • •
Year‐long mineral program Maintain blaze face program Weigh heifers: twice a month Attend Czar Cattle Show in February Stay up‐to‐date on markets and sales Team bonding once a month Revaluate budget once a month
Progress Report • • • • • • •
Continued herd health checks Weigh heifers every two weeks Backgrounding/feedlot proposal Successful promotion of the unit Achieved VBP+ certification Minimal health issue cases Attended Czar cattle show
Short Term Goals • • • •
Strict culling procedure at weaning Continue with bi‐weekly weighins Stay up‐to‐date on record keeping Keep regular attendance at meetings
Long Term Goals • • • • •
Continue with blaze face program Maintain herd at 100 females Acquire long term pasture Increase weaning weights Interact with first years more in the Red Barn
Mission Statement “Striving to raise quality beef through educational opportunities and hands on experience, while creating relationships within industry!” ‐ Commercial Beef 2019
Herd Inventory
Cows
Calves
Replacement heifers
Bulls
Changes of Inventory April ‐ June
• Sold 9 cull cows
Oct. 18th
• Sold 7 open heifers
Oct. 27th
• Sold all 36 steer calves and 6 heifer calves
Nov. 20th
• Lost 1 bull do to a tragic accident
Nov. 24th
• Sold 5 heifers at Agribition
Changes of Inventory Jan.29th
• Sold 5 cull heifers
Feb. 20th
• Purchase of 1 bull
Mar.22
• Sold 9 heifers at Beef day
March.26
• Sold 2 Cull cows
Jan‐Mar
• 75 calves
Steer Sales
Beef Day vs NCLE • Beef Day – Heifers averaged $1,566 per head
• North Central Livestock Exchange – Heifers averaged $1,397 per head
Future Budget Prices • Steer Sales $1,230 per head • Cull cows $1,100 per head • Bred Heifers (Agribition) $2,300 per head • Beef Day average $1,500 per head
Calf Insurance • Cost of Production: $1.79 • Current Premiums: $108 per CWT for 550 weights
GOLD Industry Standard
SMF 2017/2018
SMF 2018/2019
43% Dams Weight
45.7% Dams Weight
43% Dams Weight
O – Open Rate
4%
17.9%
6.4%
L – Length Of Calving Season
63 Days
59 Days
83 Days
D – Death Loss
4% Or Less
2%
5%
G – Growth Rate
KPI Growth Rate
Open Rate
Length Of Calving Season
Death Loss
Lower weights than last year Drought First calf heifers Improve pasture management Improved over last year Addition of mineral program Spring nutrition Increased in bull power Increased length than last year Bulls were kept with cows longer
Above industry standard Premature birth Dead calf born Calf with heart problem
Weaning Weights
Treatment Calves
Cows
Heifers
VaccinationsÂ
Purchase of Bull
EPD Comparison CE
BW
WW
YW
MILK
MCE
MWW T
Simmental 6.8 breed average
3.3
68.3
101.0
26.7
4.0
60.9
Crossroad Black Riddler
3.5
83.4
124.9
30.2
7.3
71.9
7.3
Embryo Contract
Calving Season
First Cycle Second Cycle Third Cycle Late
Breeding Season
Nutrition Month
Cows Apr‐18 May‐18 Jun‐18 Jul‐18 Aug‐18 Sep‐18 Oct‐18 Nov‐18 Dec‐18 Jan‐19 Feb‐19 Mar‐19
Total
Calves $5,270.63 $3,246.24 $172.18 $77.56 $1,458.62 $177.73 $4,542.51 $3,931.30 $5,415.28 $6,418.91 $30,710.96
Bulls $561.86 $44.99 $697.65 $1,382.79 $1,260.22 $1,296.50 $1,084.24 $1,181.48 $7,509.73
$163.96 $166.80 $165.52 $496.28
Before Calving
After Calving $6,178.86
$15,765.49
Cattle Ration
Range and Forage
Beef Day Sale Beef Day Averages Average Per Head
$1,566
Lot Average
$4,700
Total Income
$14,100
Cattle Shows
Public Relations
Public Relations
Income $140,000.00 $120,000.00
Budget
YTD
$100,000.00 $80,000.00 $60,000.00 $40,000.00 $20,000.00 $‐ livestock products (embroys)
Cull Cow Sales
Heifer Sales (Agribition & Beef Day)
Steer Sales
Custom Work
Miscellaneous Income
Bull rental
Total
Income Livestock products (Embryos) Cull Cow Sales Heifer Sales (Agribition & Beef Day) Steer Sales Custom Work Miscellaneous Income
Expenses $45,000.00 $40,000.00 $35,000.00 $30,000.00 $25,000.00 $20,000.00 $15,000.00 $10,000.00 $5,000.00 $‐
Budget YTD
Expenses Feed Expenses/Bedding Pasture Rent Vet/Med Labor Utilities Insurance Deductions Corral Cleaning Equipment Rental Custom Trucking Miscellaneous Expenses New Bull
Financial Overview Income • Budget = $125,300.00 • YTD = $119,611.92 Expenses • Budget = $124,050.00 • YTD = $103,823.56 Net Income/Loss • $15,788.36 Cost of Production • $1.79
ABPÂ
Recommendations for next year • • • • • • •
Cow/Calf pairs back from pasture 1 month earlier Quarterly finance updates Sell steers direct to feedlot in the fall Increase information sharing with BIXS Re‐evaluate embryo contract Maintain blaze face program Winter mature bulls in the pasture
Thank You • New Holland • Pete Wilkinson & Farm Staff • Bevin Hamilton • SMF faculty advisors • Jack Rochford • Crossroad Farms • Josie Van Lent • Geoff Brown
• • • • • • • • •
First Year AST WRCH Vermilion Vet Clinic Jessica Emmott Tracy Quinton Janet Kerr Keshia Paddick Denise Martin Trisha Mechor
Thank You •
JBS
•
Tom McNeely
•
MCF Feeders
•
Bullseye Feeds
•
TK Ranch
•
Carolyn Cook
•
Quarter Circle X Ranch
•
Lacey Barrass
•
Bryon Wolters
•
Barnyard Creations
•
Wine Glass Ranch
•
Cairn’s Feedlot
•
Branded
•
Kinnear Ranch
•
Troy Drake
•
Melissa Downing
•
Sharon Reiter
•
Lewis Farms
•
Ron Hoffman
•
Deborah Wilson
•
Matt Rustemeier
•
George Larre