Transition to Dorpers John Anstee, Lauren Deane, Breony Moloney, Rebecca Ryan Images Merino:

Slides:



Advertisements
Similar presentations
The Booroola gene in Mérinos d'Arles sheep :
Advertisements

Changing sheep systems to increase profit By Jonathon Tocker, Tom Jackson, Bill Malcolm, Janna Heard, Alex Sinnett.
What do the following three rams have in common ?.
1 Selecting ewes Author: Nicole Sallur, DPI&F Qld © Sheep CRC Ltd.
Mating MERINO EWE LAMBS Ben Duxson Glendemar Background  20 Years of pedigree data  MERINOSELECT, since inception  5 years EID system  Now, genomics.
Castlemilk Moorit Breeding Programme April 2009 Update.
Wool in the Cross Hairs Graham Peart. Sheep & Wool Still a Major Rural Industry Farmers –35,902 farms run sheep Income 2003/04 (export) –Wool = $2.8B.
Originated in England and first imported into the United States in 1823 Medium size hog with an “acceptable carcass” Black in color with six.
Sow Longevity – Its Improvement and Economic Importance Ken Stalder Department of Animal Science Iowa State University.
PRECISION MANAGEMENT Fine wool Merino/mixed grazing enterprise Robert Kelly Mt William Agriculture Pty Ltd.
BARBADO  Developed in Texas  Cross of Barbados Blackbelly and Rambouillet  Tan, tan with a pale or black belly, or pied  Primarily used as trophy.
“Knowing the Growth Efficiency Potential in the Lamb Crop ” Dr. Jeff Held South Dakota State University.
Sheep Industry - US and Michigan. Fall 2002 Michigan Sheep Production u Purebred production –Greatest proportion of the industry –Produce and sell seedstock.
MAIN IDEA: What are the measures of reproductive, production and financial efficiency in the sheep industry?
Introduction to LAMBPLAN for the USA Texel Society.
1 Far Valley DOHNE The Physical Environment: Greater part of sheep production areas in South Africa comprise: - Arid pastoral conditions in central areas,
Breeds of Sheep Methods to Classify Sheep… The most common way to classify sheep in the United States is by the type of wool produced. There are over.
Lecture 3-22 Exam 3 Breeds FineMediumCoarse Most important breeds? Why so many in US?
Sheep genomic technologies and the Information Nucleus
Ciaran Lynch Teagasc, Animal & Grassland Research and Innovation Centre, Mellows Campus, Athenry, Co. Galway.
Adopting Alternatives A methodology for improved economic decision-making in enterprise management.
Financial Check Up John B. Penson, Jr. Regents Professor and Stiles Professor of Agriculture Texas A&M University.
Sheep Breeds. Merino Pictures from Originated in Spain Now common in Australia Dual purpose breed--wool and.
Measuring and Increasing Profit
2.3 Measuring and Increasing Profit Finance Measuring and Increasing Profit Profit This unit follows on from the study of profits in Unit 1- Calculating.
 Draw growth curves  Explain different changes in body measurements  Explain different changes is body components  Explain different changes in carcass.
Ratio Analysis.
Ag Production III Mr. DeBord. The major factor affecting profitablitiy of sheep operations is reproductive effciency or percent lamb crop raised and marketed.
Being dollar wise about using N Rex Webby, AgResearch Ruakura.
Breeding Season Management Dan Morrical Iowa State University Ames IA.
Seasonal reproduction of sheep limits the natural breeding season to the short-days of fall and early winter and has framed the conventional management.
Ram Management November 21, 2003 Jeff Held, SDSU.
Chapter McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Valuation and Rates of Return 10.
FAMILY ECONOMICS & FINANCIAL EDUCATION © Family Economics & Financial Education – Revised November 2004 – Investing Unit – Language of the Stock Market.
BREEDING SUPERIOR SHEEP describe and explain how sheep breeders can achieve genetic progress in their flocks.
Transition to Dorpers John Anstee, Lauren Deane, Breony Moloney, Rebecca Ryan Images Merino:
Chapter McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Valuation and Rates of Return 10.
Breeds of Sheep and Goats Intro to Agriculture Mr. Graf.
WV Sheep Producer Survey Results Kellie D’Souza West Virginia University March 2 nd, 2013.
Sheep & The Many Ways We Use Them Animal Science.
Castle Milk Moorit Breeding Programme May 2007 Update.
Breeds of Sheep Methods to Classify Sheep… The most common way to classify sheep in the United States is by the type of wool produced. There are over.
B66 Heritability, EPDs & Performance Data. Infovets Educational Resources – – Slide 2 Heritability  Heritability is the measurement.
Accounting and Finance Department. Project Overview Some of the goals of the Image FX Finance and Accounting department include: Cutting costs of the.
IFIEC ENERGY FORUM Renewable Energy Support Schemes 19 June 2012 BRUSSELS Dr Mukund Bhagwat Corporate Energy Affairs, Aurubis Member of Electricity & Climate.
Ratios Simple interpretation of financial statements using ratios Gross and net profit, current and acid test ratio, return on capital employed (ROCE).
Ag Production Technology III Mr. DeBord.  Cheviot  Dorset  Hampshire  Suffolk  Shropshire  Southdown.
Overview What not to do Where to find the right information How to interpret the data.
Growth and development Part two: Genetic factors: breeds Animal sex and hormones Climate Revision.
Breeds Of Sheep What Do You Use Lamb For? Large Animal Science Production Introduction to Sheep.
By: Hayley Wilson. Fine Wool Long Wool Meat Hair.
Sheep Breeds Animal Science.
Learning Sheep Breeds Learning about major breeds of sheep. Click here to continue.
Productivity Best Practices: It all began with the Roadmap…
Castle Milk Moorit Breeding Programme January 2008 Update.
Benchmarking for Profit Brendon Tierney. Enterprise Mix Source: Planfarm Bankwest Benchmarks.
Transition from wool to sheep meat – What options do you have?
Starter Answer the following: 1.Breakeven is important for a business because? 2.Give 2 pros and cons of working out what a business needs to break even.
Ratio Analysis…. Types of ratios…  Performance Ratios: Return on capital employed. (Income Statement and Balance Sheet) Gross profit margin (Income Statement)
© 2015 Cengage Learning. All Rights Reserved. Learning Objectives © 2015 Cengage Learning. All Rights Reserved. LO3Perform efficiency analysis of a business.
DOHNE WORKSHOPS - AUSTRALIA 2016 CAMERON McMASTER
Selection by Stud and Commercial Breeders Dohne Workshop Australia July 2016 Cameron McMaster Breeders can influence the economic performance, the genetic.
SHEEP BREEDS.
The impact of predation on a sheep enterprise in the Free State region
© 2015 Cengage Learning. All Rights Reserved.
Terminal crossbreeding of Dorper ewes to Ile de France,
What do the following three rams have in common ?
Definition of EBVs of Economically Relevant Traits in Sheep Production
What do the following three rams have in common ?
Presentation transcript:

Transition to Dorpers John Anstee, Lauren Deane, Breony Moloney, Rebecca Ryan Images Merino: Dorper:

Outline Merinos compared to Dorpers Options for enterprises Gross margin comparisons Recommendations References

Merino vs Dorpers Dorpers shed their fleece and thus do not require shearing, crutching or fly control. This can be achieved when the dorper flock reach at least F4. Dorpers are known to have a higher fecundity than merinos with an average weaning percentage of 118% where merinos are 86%. 3 ◦ Decreased need for large breeding flock Dorpers are not seasonal breeders like merinos and have been known to reach mature breeding age at one year. ◦ Reach oestrus at 52 days after parturition therefore possible to lamb twice per year Cloete, S. W. P., M. A. Snyman, et al. (2000). "Productive performance of Dorper sheep." Small Ruminant Research 36(2): Snyman, M. A. and M. J. Herselman (2005). "Comparison of productive and reproductive efficiency of Afrino, Dorper and Merino sheep in the False Upper Karoo." South African Journal of Animal Science 35(2):

Merino vs Dorper (continued) Studies have shown the growth rates of dorpers to remain relatively constant in large variety of climates and environments, where merinos vary greatly. Dorpers have a higher growth rate (44% higher than merino) 2 and mature size than merinos, therefore are more efficient as a meat production breed however also have a greater DSE value (2.72/ewe where merinos are 2.23/ewe) 1 ◦ (therefore change from merino to dorper flock must accommodate this when calculating stocking rate) 1. DPI website

Transition from wool to sheep meat – What options do you have? Sell existing stock - purchase Dorper rams and F2 Dorper ewes Upgrade - purchase Dorper rams and upgrade the existing Merino ewe base F1 Dorper rams - appears to be a less costly option but is not viable

Consider the genetics….impacts on management F1 50/50 F2 75/25 F3 87.5/12.5 F /6.25 No shearing from F4 % of Flock Requiring Shearing YearDorper/MerinoDorper/F (100)* (63)* (12)* ^

Risks and Benefits Source:

Gross Margin Comparisons Over 10 years, the Merino enterprise provides the best return Between the Dorper enterprises, using a Dorper sire over Merino ewes provides the better return The Dorper enterprises’ viability are more heavily influenced by changes in price Present value and net present value of investment options per DSE* over 10 years Year Total Present value factor Merino $159.83$152.58$145.67$139.06$132.76$126.75$121.00$115.52$110.29$105.29$1, F2 and Dorper sire $30.72$44.50$38.36$28.91$26.03$22.64$21.62$20.64$19.70$18.81$ Dorper sire $156.19$114.74$74.49$55.88$62.03$53.23$45.32$40.47$40.74$40.87$ *interest rate 4.75% *optimum enterprise DSE rating: 5750 DSE

Recommendations Brief overview of the information so far Merino flock gives the best financial return according to the gross margin Dorper option too attractive? ◦ Which flock structure you should go ◦ If you change to dorpers: what to do next If you are unsure of what to do from this presentation…

References Cloete, S. W. P., M. A. Snyman, et al. (2000). “Productive performance of Dorper sheep.” Small Ruminant Research 36(2): DPI website Snyman, M. A. and M. J. Herselman (2005). "Comparison of productive and reproductive efficiency of Afrino, Dorper and Merino sheep in the False Upper Karoo." South African Journal of Animal Science 35(2):