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Gerard Woynarski Terry Kremeniuk November 21, 2011

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Presentation on theme: "Gerard Woynarski Terry Kremeniuk November 21, 2011"— Presentation transcript:

1 Gerard Woynarski Terry Kremeniuk November 21, 2011
BISON BENCHMARK STUDY Cost of Production Results 2009 – 2010 Production Cycle Gerard Woynarski Terry Kremeniuk November 21, 2011

2 AGENDA FOR TODAY Project Objectives Producer Categories
Data Collection Process Administrative Process What we Learned Next Steps

3 PROJECT OBJECTIVES Develop Performance and Production Benchmarks
Producer Measurement Against Benchmark Use Results to Improve Practices Policy and Program Development Information to Assist Financing and Investment Decision Making Computerize

4 PROCESS Sask. Agriculture Funding Advisory Committee
Engage people to collect data Identification of Participants Collect, Analyze, and Report Data Share Data with Participants Communicate Data Repeat Data Collection Share, Communicate and Repeat Institutionalize

5 PRODUCER CATEGORIES # of Participants Cow-calf producers 17 Under 100
100 plus Backgrounders 100 Plus Finishers

6 DATA COLLECTED Herd Profile Production Program/Time Frames
Production Costs Assumptions/Worksheets Investment requirements Finished Bison Results

7 QUESTIONS ADDRESSED Bison Production Performance Variables Assessed
Calving Percentage Birth Dates Weaning Dates and Weights Finishing Time Frame and Weights Daily gains Cost Per Pound of Gain Slaughter Weights Yield What are Basic Capital Requirements

8 Cow-Calf <100 >100 Number of Farms: 8 9 Av # of Cows 52 227
< >100 Number of Farms: Av # of Cows Av # of Bulls 1. Operating Costs (Per Head) Total Feed Costs: $ $308 Total Other Optg Costs $ $158 Total Optg Cost $ $492 2. Fixed Costs (Depreciation) $144 $ 60 3. Labor $ $ 8 Total Cost of Production $ $560

9 Cow-Calf Capital costs per head $8194 $4068 Calving Rate % 88.9 87.3
<100 >100 Calving Rate % Av Wean Weight – Bulls Av Wean Weight – Heifers Av Days from Birth to Wean Mortality % in Cow Herd Av Net Return Per Cow $ $430 Capital costs per head $ $4068 9

10 Backgrounding - Heifers:
< >100 Number of Farms: Avg # of Backgrounders 1. Operating Costs (Per Head) Total Feed Costs: $182 $123 Total Other Optg Costs (Incl int.) $661 $665 Total Optg Cost (Incl Death Loss) $849 $791 2. Fixed Costs (Depreciation) $ 28 $ 27 3. Labor $ $ 4 Total Cost of Production $882 $822

11 Backgrounding - Heifers
< >100 Number of Farms: Avg # of Backgrounders Avg Wt of Pur. & Retained Avg Shipping Weight (lbs) Mortality Rate % Days on Grass &/or Feeders Av Daily Gain (lb/day) Av Total Cost Per lb Gained $ $1.06 Av Feed Cost Per lb Gained $ $0.60 Av Net Return Per Head $ $151 Capital Costs Per Head $ $1106

12 Backgrounding - Bulls 1. Operating Costs (Per Head)
< >100 Number of Farms: Avg # of Backgrounders 1. Operating Costs (Per Head) Total Feed Costs: $ 140 $146 Total Other Optg Costs (Incl int.) $ 941 $744 Total Optg Cost (Incl Death Loss) $1088 $893 2. Fixed Costs (Depreciation) $ $ 27 3. Labor $ $ 3 Total Cost of Production $1117 $923

13 Backgrounding – Bulls Avg Wt of Pur. & Retained 593 494
< >100 Number of Farms: Av # of Backgrounders Avg Wt of Pur. & Retained Avg Shipping Weight (lbs) Mortality Rate % Days on Grass &/or Feeders Av Daily Gain (lb/day) Av Total Cost Per lb Gained $ $1.09 Av Feed Cost Per lb Gained $ $0.67 Av Net Return Per Head $ $274 Av Capital Costs Per Head $ $1025

14 Finishing - Heifers: Number of Farms: 3 Avg # of Feeders 68
<100 Number of Farms: Avg # of Feeders 1. Operating Costs (Per Head) Total Feed Costs: $ 285 Total Other Optg Costs (Incl int.) $ 783 Total Optg Cost (Incl Death Loss) $1072 2. Fixed Costs (Depreciation) $ 72 3. Labor $ 37 Total Cost of Production $1181

15 Finishing - Heifers <100 Avg Pur Wt of Feeders (lbs) 502
Number of Farms: Av # of Feeders Avg Pur Wt of Feeders (lbs) Avg Shipping Wt at Farm (lbs) Mortality Rate % Shrinkage % Dressing % at Plant Dressing % Feedlot to Carcass Days of Feed Av Daily Gain (lb/day) Av Total Cost Per lb Gained $1.51 Av Feed Cost Per lb Gained $0.76 Av Net Return Per Head $166 Av Capital Costs Per Head $4074

16 Finishing - Bulls: Number of Farms: 4 4 Avg # of Feeders 77 381
< >100 Number of Farms: Avg # of Feeders 1. Operating Costs (Per Head) Total Feed Costs: $ 342 $ 324 Total Other Optg Costs (Incl int.) $1154 $ 958 Total Optg Cost (Incl Death Loss) $1500 $1294 2. Fixed Costs (Depreciation) $ 81 $ 39 3. Labor $ $ 18 Total Cost of Production $1589 $1351

17 Finishing - Bulls <100 >100
< >100 Number of Farms: Av # of Feeders Av Purchase Wt of Feeders (lbs) Av Shipping Wt at Farm (lbs) Mortality Rate % Shrinkage % Dressing % at Plant Dressing % Feedlot to Carcass Days on Feed Av Daily Gain (lb/day) Av Total Cost Per lb Gained $1.51 $1.45 Av Feed Cost Per lb Gained $0.84 $0.92 Av Net Return Per Head $350 $185 Av Capital Costs Per Head $ $1220

18 NEXT STEPS Identify More Producers Continue Data Collection Adjust
Share Progress & Information Repeat Again Next Year

19 Questions


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