Download presentation
Presentation is loading. Please wait.
1
Evaluate It Calgary, AB November 14, 2018
CFGA 2018 Evaluate It Calgary, AB November 14, 2018
2
Most Importantly What is IT?
Forage is a plant material (mainly plant leaves and stems) eaten by grazing livestock.[1] Historically, the term forage has meant only plants eaten by the animals directly as pasture, crop residue, or immature cereal crops, but it is also used more loosely to include similar plants cut for fodder and carried to the animals, especially as hay or silage.[2] While the term forage has a broad definition, the term forage crop is used to define crops, annual or biennial, which are grown to be utilized by grazing or harvesting as a whole crop.[4] Wikipedia November 5,
3
Forage Challenges Competitive Industry for Land
Forage is an amortized cropping situation Forage is part of a systems approach Your primary customer is a “least cost” opportunist
4
What is IT? What to Measure?
5
Inputs – what we put in Soil Testing Fertility Seed Costs
This is a problem with forages We see/remember annual costs (eg: seeding cost) but don’t amortize it over the life of the stand
6
Production – What we take off
Pounds Quality AUGD N, P, K, S Soil Nutrients removed when harvesting forages in kgs/Tonne (lbs/ton) of DM harvested Nutrient Alfalfa (18%CP) Grass (14% CP) Nitrogen (N) 29 (58) 22 (44) Phosphorous (P2O5) 7 (14) 5 (10) Potassium (K2O) 30 (60) 21 (42) Sulphur (S) 3 (6) 2 (4) Adapted from Table 26 pg 168 of Alberta Forage Manual
7
What We Leave Behind One of the strengths of forage production Carbon
Soil Biology
8
What We Add? Carbon Nitrogen - Legumes Litter Soil Health Biodiversity
Disease Break – Canola/Wheat/Canola/Winter/Canola
9
Profitability Profitability determines acreage
LL Canola RR Canola Spring Wheat Alfalfa Hay Grass Alfalfa Hay Grain Silage Gross 466.76/622.81 430.01/564.69 282.55/404.91 112.85 159.36/255.68 372.26/602.96 Gross Margin 143.69/323.33 134.25/299.99 79.58/192.65 40.28 83.34/178.77 129.08/339.06 ROE 71.23/276.04 68.42/228.86 21.79/135.15 -3.86 40.87/138.48 92.16/306.98 Yield 41.14/55.23 37.73/50.65 42.05/57.54 0.69 1.63/2.53 6.43/10.05 AgriProfit$ Provincial Cost and Return Benchmarks for Crops and Forages: Dryland Profitability determines acreage Are there enough cows to eat more productivity?
10
Benchmarking Productivity – per acre Profitability – per acre 3 tier $
Social Environmental Trend
11
Application of Technology
This is not necessarily a new machine Technologies that impact profitability Electric fence Varieties Foliars Nutrient Management Google Earth Pasture Software Innovation trumps Technology agriculture/sainfoin-a-new-light-is-shone-on-an-old-forage- plant/?id= Application of Technology
12
Forage Industry Opportunities
Personal Productivity Profitability Industry What can we do to add Value to our Customer? R& D Education Demonstration
13
Systems Approach Financials are annual Crops are mostly annual
Forage is annual and not… With Forage it is complex so we need to measure more than just production/profit
14
Measure the Manager Uncomfortable but Important
The Manager is the pivot point that joins fresh air and sunshine with resources on the ground They control inputs/outputs, profit, and sustainability of the forage industry
15
The Opportunity Lies in the thing we most often fail to measure
Management Education Experimentation Deployment/Scaling up IT is the Manager
16
Thank You Questions?
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.