crop smf team final presentation 2016
TRANSCRIPT
![Page 1: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/1.jpg)
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Final Presentation
LAKELAND COLLEGE
CROP TECHNOLOGYSTUDENT MANAGED FARM
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Martin Clausen
Logan Sherwood
Mickenzie Bostock
EXECUTIVE TEAM
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General ManagerMartin Clausen
Roles and Responsibilities• Provide Leadership• Resource for Team Managers• Resolve Issues (Personnel/Business)• Plan & Chair Meetings• Represent SMF
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Challenges• Busy Schedule• Keeping up to date • Being Proactive• Having an Open Mind• Managing Peers• Take Criticism
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Assistant General ManagerLogan Sherwood
Roles and Responsibilities• Organizing General Meeting (GM)
• Recording GM meeting minutes
• Periodically attending team meetings
• Fill in for absent managers
• Discuss with advisors and farm staff
• Help organize special SMF events
• Carry on as GM in absence of Martin
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What We’ve Learned
• Teamwork• Leadership Skills• Better Organization• Working Constructively with Peers• Forward Thinking
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P.R./Communications CoordinatorMickenzie Bostock
Roles and Responsibilities• Events
• Communication
• Bulletin Board
• Clothing
• Photos
• Committees
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QUESTIONS?
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Jake Flett
Jamie Shapka
Edward Schultz
Trenton Schroolemmer
Dakota Schutz
Shayne Maurer
Austin Warawa
OPERATIONS TEAM
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Operations• Making sure we have equipment for harvest.• Organizing Harvesting Teams.• Making sure equipment is fuelled, greased and ready for
the day.• To make sure equipment is being used properly • Set up a bin plan• Enter data into Field Manager Pro• Hauling Grain to Elevators • Filling Super B’s
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 20• Barley (AC Copeland) • 109 acres• Yield 69 bu/ac• Blend = 50-30-20• Seed placed blend: 6-30-0• Side Banded blend: 44-0-20
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Available Used0
20
40
60
80
100
120
27.5
18
50
82.8
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 12• Hard Red Spring Wheat (Harvest) • 117 acres • Yield 45 bu/ac• Blend = 50-20-20-0-0.4(Cu) • Side banded blend: 46-0-20-.4(cu)• Seed placed blend: 4-20-0
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Available Used0
20
40
60
80
100
120
140
160
36.5
62.5
50
99
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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AL 01• Winter Wheat (Moats) • 135 acres • Yield 34 bu/ac • Blend= 70-20-15-0• Sided banded 25lbN, 25lbs ESN• Seed Placed 20-20-15-0 (also 1lb Cu)
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Available Used0
20
40
60
80
100
120
140
31.5
25
70
74.8
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 17• Canola (Clearfield) • 95 acres • Yield 53 bu/ac• Blend= 110-20-0-20• Seed placed 4-20-0• Side banded 106-0-0-20
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Available Used0
20
40
60
80
100
120
140
160
180
21
24
110
168
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 18• Flax (Hanley) • 80 acres • Yield 25 bu/ac• Blend: 50-15-15• Seed placed 3-15-0• Side banded 47-0-15
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Available Used0
20
40
60
80
100
120
23.5
29
50
70
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 19• Yellow Peas (CDC Meadow)• 93 acres • Yield 44 bu/ac • Blend: 3-15-0• Side banded 3-15-0
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Available Used0
20
40
60
80
100
120
20
51
3
110
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
![Page 33: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/33.jpg)
LC 1/3• Canola (Nexera)• 76 acres• Yield 57 bu/ac• Blend: 50-20-0-15• Seed Placed Blend- 4-20-0• Side Banded Blend- 46-0-0-15
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Available Used0
20
40
60
80
100
120
140
160
180
200
27
96
50
182.4
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 10,11, 4/5• Barley Silage • 146 acres• Yield 5 tonnes/acre average• 729 tonnes of Barley Silage • Blend = 40-15-20• Seed Placed Blend- 3-15-0• Side Banded Blend- 37-0-20
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
![Page 38: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/38.jpg)
LC 14• Flax (Hanley)• 130 acres• Yield 23 bu/ac• Blend: 30-15-15• Seed Placed Blend-3-15-0• Side Banded Blend- 27-0-15
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Available Used0
20
40
60
80
100
120
140
28.5
67.5
30
64.4
Nitrogen
Total Fertilizer
Soil Organic
Poun
ds o
f N
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Inventory
Flax
5000 bu.
HRS Wheat
5150 bu.
Barley
3975 bu.
Clearfield Canola
4200 bu.
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QUESTIONS?
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Yvonne Sprangers
Lane Fraser
Jacquelyn Davidson
FINANCE TEAM
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• Financial archives• Calculate/convey break evens • Prepare profit & loss statements• Create budgets
Roles and Responsibilities
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Custom$ 26,629
Production$ 113,883
Insurance$ 17,597
Equipment & Building$ 52,677
Other/PR$ 2,376
Opportunity $ 72,540
Total Costs
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Custom9%
Production40%
Insurance6%
Equipment & Building
18%
Other/PR1%
Op-por-
tunity25%
Opportunity Cost $ 72,540
• Land Rent• Combine Lease • Labour
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Custom9%
Production40%
Insurance6%
Equipment & Building
18%
Other/PR1%
Opportunity25%
Production Cost $ 113,883 • Fertilizer
• Chemical• Seed• Other
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Break Even CostsField Crop PriceAL 01 Winter Wheat $ 9.48LC 1/3 Nexera Canola $ 5.56LC 4/5, 10, 11 Silage $ 0.0175LC 12 Wheat $ 5.65LC 14 Flax $ 9.78LC 17 Clearfield Canola $ 6.65LC 18 Flax $ 9.48LC 19 Peas $ 6.71LC 20 Barley $ 4.27Duck’s Unlimited Winter Wheat $ 6.55
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IncomeApril 1, 2015- Present
Barley $66,106
Canola $15,186
Flax Bales $5,090
Peas $20,718
Wheat $161,600
Faba Beans $10,654
Change In Crop Inventory
$11,299
Change in Fertilizer Inventory
$37,500
Other Income $2,362
Total Income $330,517
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ExpensesApril 1, 2015- Present
Custom Spraying $14,613
Custom Trucking $4,777
Chemical $20,655
Fertilizer $44,851
Seed $30,102
Repairs, Parts & Tools
$7,722
Fuel, Oil & Filters $9,878
Field Scouting $10,021
Insurance $18,242
Office, Labour $2,244
Rentals & Leases $16,715
Supplies, Unallocated
$138
Total Expenses $179,958
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Total Income:Total Expenses:
Net Income:
Net Income
$ 330,517
$ 179,958
$ 150,559
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2016/2017 Production Budget
Field Crop Break EvenAL 01 Peas $ 5.71LC 1/3, 4/5, 10, 11, 17, 18
Silage Barley $ 0.02
LC 4/5 Silage Corn $ 0.015LC 12 RR Canola $ 6.80LC 14 RR Canola $ 6.58LC 19 Wheat $ 5.93LC 20 Nexera Canola $ 7.55
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QUESTIONS?
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Ashley Bosch
Valentina Gabert
Kevin Larsen
Thomas Wensman
Josh Dow
Clayton Frey
MARKETING TEAM
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Roles and Responsibilities
• Call merchants bi-weekly• Track and record prices• Build relationships• Determine suitable selling prices• Have patience when marketing
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Manager Responsibilities• Weekly marketing meeting• Team player• Communication • Push team to complete tasks• Understand markets and effects of global events • Lead the team to make wise marketing decisions
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Yellow Peas HRS Wheat Winter Wheat Feed Barley Nexera Canola
Clearfield Canola
Flax 0
1000
2000
3000
4000
5000
6000
7000
8000
2950
5150
4100
7532
4100 4200
5000
Beginning Inventories
Commodities
Bus
hels
![Page 59: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/59.jpg)
Pea ContractsDelivery Period
Type of Contract
Quantity Buyer Breakeven
Sold For Gross Margin
September Forward Contract 1102 bu. Viterra
Vermilion $6.71/bu. $7.70/bu. $0.99/bu.
October Spot Price 397 bu. Viterra Vermilion
$6.71/bu. $9.06/bu. $2.35/bu.
December Deferred Delivery 1102 bu. Viterra
Vermilion$6.71/bu. $9.90/bu. $3.19/bu.
December Target 367 bu. Viterra Vermilion
$6.71/bu. $10.55/bu. $3.84/bu.
March Spot Price 231 bu. Viterra Vermilion $6.71/bu. $12.19/bu. $5.48/bu.
SeptemberForward Contract-Target
1543 bu. Viterra Vermilion $5.71/bu. $9.80/bu. $4.09/bu.
![Page 60: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/60.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec 15
tues. d
ec.22
tues. d
ec. 2
9
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n. 19
tues. ja
n. 26
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b 16
tues. fe
b. 23
tues. m
ar. 1
tues. m
ar. 8
$8.40
$9.40
$10.40
$11.40
$12.40
$13.40
Pea Cash Bids
Richardson Pioneer- Lavoy Viterra-Vermilion Market Master Ltd.Cargill - Camrose
![Page 61: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/61.jpg)
2010-11 2011-12 2012-13 2013-14 2014-150
0.1
0.2
0.3
0.4
0.5
0.6
Pea Ending Stocks
Ending Stocks5 yrs Avg
Source: Alberta Agriculture and Forestry
![Page 62: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/62.jpg)
Market Outlook
• Seeded acres up
• Stocks up
• Price will be depressed
• Take advantage of forward pricing
Source: Agriculture and Agri-Food Canada
![Page 63: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/63.jpg)
HRS Wheat ContractsDelivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
July Deferred Delivery
Viterra Vermilion 1543 bu. $5.65/bu. $7.10/bu. $1.45/bu.
March Basis Contract
Viterra Vermilion 1543 bu. $5.65/bu. $58.72/tonne
($6.64/bu.) $0.99/bu.
July Deferred Delivery
Viterra Vermilion 1837 bu. $5.65/bu. $6.63/bu. $0.98/bu.
![Page 64: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/64.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec. 1
5
tues. d
ec.22
tues. d
ec. 2
9
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n. 19
tues. ja
n. 26
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b 16
tues. fe
b. 23
tues. m
ar. 1
tues. m
ar.8
$4.50
$5.00
$5.50
$6.00
$6.50
$7.00
HRS Wheat Cash Bids
Richardson Pioneer- Lavoy Viterra-Vermilion Cargill- Vermilion
Richardson Pioneer- Provost
![Page 65: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/65.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec. 1
5
tues. d
ec.22
tues. d
ec. 2
9
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n. 19
tues. ja
n. 26
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b 16
tues. fe
b. 23
tues. m
ar. 1
tues. m
ar.8
$140.00
$150.00
$160.00
$170.00
$180.00
$190.00
$200.00
Futures Price HRS Wheat (USD/Mt)
![Page 66: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/66.jpg)
tues.
sept.
15
tues.
sept
22
tues.
sept.
29
tues.
oct. 6
tues.
oct. 1
3
tues.
oct. 2
0
tues.
oct. 2
7
tues.
nov.
3
tues.
nov.
10
tues.
nov 1
7
tues.
nov.
24
tues.
dec.
1
tues.
dec.
8
tues.
dec.
15
tues.
dec.2
2
tues.
dec.
29
tues.
jan. 5
tues.
jan. 1
2
tues.
jan. 1
9
tues.
jan. 2
6
tues.
feb. 2
tues.
feb. 9
tues.
feb 16
tues.
feb. 2
3
tues.
mar. 1
tues.
mar.8
($10.00)
$0.00
$10.00
$20.00
$30.00
$40.00
$50.00
$60.00
$70.00
$80.00
$90.00
HRS Wheat Basis ($/Mt)
Richardson Pioneer- Lavoy Viterra-Vermilion Cargill- VermilionRichardson Pioneer- Provost
![Page 67: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/67.jpg)
2011-12 2012-13 2013-14 2014-15 2015-160
50
100
150
200
250
World Wheat Ending Stocks
Ending Stocks5 yrs Avg
Source: Alberta Agriculture and Forestry
![Page 68: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/68.jpg)
Market Outlook• High ending stocks in world • CWRS seeded acres down• Minor wheat class seeded acres up• Canadian Dollar expected to be slightly stronger • Prices similar to this year
Source: Agriculture and Agri-Food Canada
![Page 69: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/69.jpg)
Winter Wheat ContractsDelivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
November Deferred Delivery
Permolex Red Deer 1543 bu. $9.48/bu. $5.50/bu. - $3.98/bu.
November Deferred Delivery
Permolex Red Deer 1543 bu. $9.48/bu. $5.50/bu. - $3.98/bu.
![Page 70: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/70.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec. 1
5
tues. d
ec. 2
2
tues. d
ec 29
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n. 19
tues. ja
n. 26
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b.16
tues. fe
b. 23
tues. m
ar. 1
tues. m
ar. 8
$5.00
$5.20
$5.40
$5.60
$5.80
$6.00
$6.20
$6.40
$6.60
Winter Wheat Cash Bids
Richardson Pioneer- Lavoy Viterra-Vermilion Market Master Ltd.Permolex- Red Deer
![Page 71: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/71.jpg)
Futures
Source: Barchart.com
![Page 72: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/72.jpg)
Market Outlook• Seeded acres up in Canada • Seeded acres down in US• Yields up in US compared to 2015• Sideways market
Source: Agriculture and Agri-Food Canada
![Page 73: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/73.jpg)
Feed Barley Contracts
Delivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
Nov./Dec. Deferred Delivery
Scoular Grain Ltd. 3858 bu. $4.27/bu. $3.95/bu. - $0.32/bu.
April/May Deferred Delivery
Viterra Vermilion 3674 bu. $4.27/bu. $4.20/bu. -$0.07/bu.
![Page 74: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/74.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec 15
tues. d
ec. 2
2
tues. d
ec. 2
9
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n 19
tues. ja
n. 26th
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b. 16
tues. fe
b. 23
tues. m
ar. 1
tues. m
ar. 8
$3.40
$3.60
$3.80
$4.00
$4.20
Feed Barley Cash Bids
Ag Valley Brokers Viterra-Vermilion Market Master Ltd.Scoular Grain Canada Ltd.
![Page 75: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/75.jpg)
2010-11 2011-12 2012-13 2013-14 2014-150
0.5
1
1.5
2
2.5
Feed Barley Ending Stocks
Ending Stocks5 yrs Avg
Source: Alberta Agriculture and Forestry
![Page 76: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/76.jpg)
Market Outlook
• Dry spring- upward rally• Seeded acres down• Corn seeded acres up • Demand is down
Source: Agriculture and Agri-Food Canada
![Page 77: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/77.jpg)
Nexera Canola Contracts
Delivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
April Target Viterra Vermilion 1852 bu. $5.56/bu. $12.00/bu.
$1 premium $6.44/bu.
April Target Viterra Vermilion 1852 bu. $5.56/bu. $11.85/bu.
$1 premium $6.29/bu.
![Page 78: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/78.jpg)
Clearfield Canola Contracts
Delivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
June/July Target Viterra Vermilion 1852 bu. $6.65/bu. $10.75/bu. $4.10/bu.
June Target Viterra Vermilion 1852 bu. $6.65/bu. $11.05/bu. $4.40/bu.
![Page 79: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/79.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec 15
tues. d
ec.22
tues. d
ec. 2
9
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n. 19
tues. ja
n. 26
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b 16
tues. fe
b. 22
tues. m
ar. 1
tues. m
ar 8
$9.60
$10.10
$10.60
$11.10
$11.60
$12.10
Canola Cash Bids
Richardson Pioneer- Lavoy Viterra-Vermilion ADM- Lloydminister
Cargill Canola Crusher- Camrose
![Page 80: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/80.jpg)
tues.
sept.
15
tues.
sept
22
tues.
sept.
29
tues.
oct. 6
tues.
oct. 1
3
tues.
oct. 2
0
tues.
oct. 2
7
tues.
nov.
3
tues.
nov.
10
tues.
nov 1
7
tues.
nov.
24
tues.
dec.
1
tues.
dec.
8
tues.
dec 1
5
tues.
dec.2
2
tues.
dec.
29
tues.
jan. 5
tues.
jan. 1
2
tues.
jan. 1
9
tues.
jan. 2
6
tues.
feb. 2
tues.
feb. 9
tues.
feb 16
tues.
feb. 2
2
tues.
mar. 1
tues.
mar 8
($50.00)
($40.00)
($30.00)
($20.00)
($10.00)
$0.00
$10.00
$20.00
$30.00
Basis ($/mt)
Richardson Pioneer- Lavoy Viterra-Vermilion ADM- LloydministerCargill Canola Crusher- Camrose
![Page 81: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/81.jpg)
Futures
Source: Tradingcharts.com
![Page 82: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/82.jpg)
2010-11 2011-12 2012-13 2013-14 2014-150
0.5
1
1.5
2
2.5
3
Canola Ending Stocks
Ending Stocks5 yrs Avg
Source: Alberta Agriculture and Forestry
![Page 83: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/83.jpg)
Market Outlook • Seeded acres up• Stocks up• Price expected to continue sideways• Soybean acres up
Source: Agriculture and Agri-Food Canada
![Page 84: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/84.jpg)
![Page 85: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/85.jpg)
Flax ContractsDelivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
January Deferred Delivery
Richardson Lavoy 3307 bu. $9.63/bu. $11.06/bu. $1.43/bu.
March Deferred Delivery
Richardson Lavoy 1575 bu. $9.63/bu. $10.83/bu. $1.20/bu.
![Page 86: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/86.jpg)
tues. s
ept.1
5
tues. s
ept 2
2
tues. s
ept. 2
9
tues. o
ct. 6
tues. o
ct. 13
tues. o
ct. 20
tues. o
ct. 27
tues. n
ov. 3
tues. n
ov. 10
tues. n
ov 17
tues. n
ov. 24
tues. d
ec. 1
tues. d
ec. 8
tues. d
ec 15
tues. d
ec.22
tues. d
ec. 2
9
tues. ja
n. 5
tues. ja
n. 12
tues. ja
n. 19
tues. ja
n. 26
tues. fe
b. 2
tues. fe
b. 9
tues. fe
b 16
tues. fe
b. 23
tues. m
ar. 1
tues. m
ar. 8
$9.80
$10.30
$10.80
$11.30
$11.80
$12.30
$12.80
Flax Cash Bids
Richardson Pioneer- Lavoy Viterra-Lloydminister Viterrra Star
Market Master Ltd.
![Page 87: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/87.jpg)
2010-11 2011-12 2012-13 2013-14 2014-150
0.05
0.1
0.15
0.2
0.25
Flax
Ending Stocks5 yrs Avg
Source: Alberta Agriculture and Forestry
![Page 88: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/88.jpg)
Market Outlook• Seeded acres down• Low post harvest stocks• Depressed prices
Source: Agriculture and Agri-Food Canada
![Page 89: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/89.jpg)
Partnerships • Duck’s Unlimited Winter Wheat Project
Delivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
February Deferred Delivery
Sunhaven Farms Milling
1800 bu. $6.55/bu. $5.85/bu. - $0.70/bu.
![Page 90: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/90.jpg)
Partnerships Cont.• HRS Wheat Plots
Delivery Period
Type of Contract
Buyer Quantity Breakeven Sold For Gross Margin
February Deferred Delivery
Sunhaven Farms Milling
1250 bu. $3.72/bu. $5.85/bu. $2.13/bu.
![Page 91: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/91.jpg)
QUESTIONS?
![Page 92: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/92.jpg)
INTERMISSION
![Page 93: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/93.jpg)
Andrew Klein
Brianne Birch
Ben Jones
Sara Miller
Jordan Roll
Garth Stang
PRODUCTION TEAM
![Page 94: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/94.jpg)
![Page 95: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/95.jpg)
Roles and Responsibilities
• Scout Fields.• Crop Rotations.• Industry Networking• Work Together with other SMF Teams.
![Page 96: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/96.jpg)
Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6 LC
1/376 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
![Page 97: Crop SMF Team Final Presentation 2016](https://reader033.vdocuments.us/reader033/viewer/2022051502/58e4c7c51a28abc24e8b5c59/html5/thumbnails/97.jpg)
LC 19 Wheat
• Plentiful Hard Red Spring
• 93 acres
• Seed treatment: Vibrance Quattro
• Plant Density: 27 plants/ft2
• Fertilizer: 50-15-10-0
• Burn Off: PrePass XC
• In Crop: Prestige & Puma Advance
• Fungicide: Headline EC
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LC 12 Canola• DuPont 3155 RR• 117 acres • 22 acres for research plots• Seed Treatment: Helix Vibrance• Plant Density: 7 plants/ft2
• Fertilizer Rate: 70-15-0-20• Burn Off: Cleanstart • In Crop: Eclipse III or Glyphosate • Fungicide: Priaxor
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Lakeland College – SMF Fields
AL 01135 acres
SW 36-50-7
LC 12117
acresSE 36-50-7
LC 1880 acresNW 25-50-7
LC 1993
acresSW 25-50-7
LC 1795 acresNW 25-50-7
LC 1661 acresSW 25-50-7
LC 14130
acresNE 25-50-7
LC 1546 acresSE 25-50-7
LC 1111 acresSW 31-50-6
LC 1033
acresNW 30-50-6
LC 1/3
76 acresNE 30-50-6
LC 4/5102 acres
SE 30-50-6
LC 20109 acres
NW 5-50-6LC 20 located 3 miles south on highway 41 Field map created on
Jan. 21, 2014 by Dylan Schultz
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LC 17,18,1/3,10,11, 4/5Barley Silage
• Austenson Silage Barley
• 325 acres
• Seed Treatment: Raxil MD
• Plant Density: 22 plants/ft2
• Burn Off: PrePass XC
• In Crop: OcTTain XL
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LC 17,18,1/3,10,11,4/5Barley Silage
LC 4/5: 45-10-0-0 LC 1/3: 50-10-0-0
LC 10: 20-10-0-0
Fertilizer
LC 11: 45-10-0-0
LC 17: 50-15-0-0
LC 18: 75-15-0-0
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LC 4/5 Corn Silage• 39F44 DuPont
• 70 acres
• Seed Treatment: Raxil
• Plant Density: 30,000 kernels/acre
(0.7 plants/ft2)
• Fertilizer: 90-0-0-0
• Burn off: Glyphosate & Buctril M
• In crop: Glyphosate & Distinct
• Fungicide: Quilt
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LC 20 Canola• Nexera 1012 RR
• 109 acres
• Seed Treatment: Helix Vibrance
• Plant Density: 7 plants/ft2
• Fertilizer: 120-20-0-20
• Burn off: Cleanstart
• In crop: Glyphosate or Eclipse III
• Fungicide: Quadris
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LC 14 Canola• 10 acres of Bayer Trial
• 40 acres of 1502 Syngenta Trial
• 80 acres of 4157 Syngenta
• Seed Treatment: Helix Vibrance
• Plant Density: 7 plants/ft2
• Fertilizer: 100-20-0-20
• Burn Off: Cleanstart
• In Crop: Glyphosate
• Fungicide: Exempla
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AL 01 Peas
• Amarillo & CDC Saffron
• 135 acres split
• Seed Treatment: Insure Pulse
• Plant Density: 8 plants/ft2
• Fertilizer: 0-15-0-0
• Burn off: Express SG & Glyphosate
• Inoculant: AgTiv
• In Crop: Odyssey DLX
• Fungicide: Lance AG
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QUESTIONS?
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Austin Vavrek
Shania Wallin
Dylan Elke
Taylor Carson
Jace Alexander
RESEARCH TEAM
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Roles and Responsibilities • Attend meetings • Harvest & analyze plot samples• Stay in contact with producers & industry representatives
• Complete intensity trial plans for the upcoming season
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Intensity Trials
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Logistics
•Communication with other teams•Preparation for events•Industry plots
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Industry Trials
•Bayer variety trials•CPS small plot variety trials•Syngenta 1502 new variety trial
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Results
Producer Field Treatment A Yield bu/acre
Treatment B Yield bu/acre
Treatment C Yield bu/acre
Significant Difference
College SMF 63.0 65.3 70.2 No Sherwood Farms 54.8 61.4 61.0 Yes - A Gundiwindi Farms 49.3 47.4 51.6 No McLaughlin Agri-Ventures
49.8 54.7 53.2 Yes - A
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Return on Investment compared to baseline - A
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Steering committee organization• Work with producers and industry to organize the steering committee meeting
• Take minutes of the meeting
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Next Season Treatment Plan• 3155 Round-Up ready DuPont variety
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Budget
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ESN research • ESN plots beside our intensity trials• Soil test analysis • Benefits and challenges
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Future Research
• Unmanned Aerial Vehicle (UAV)
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Thank You to our Partners
•Rob Baron & Larry Bingham•Webb’s Crop Services
•McLaughlin Agri-Ventures•Gundiwindi Farms•Sherwood Farms
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QUESTIONS?
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Kayla Twidale - Crop
Tyler Chiliak - Crop
TJ Neuman - Crop
Wyatt Horvey – Purebred Beef
Ron Swinkels - Dairy
Hope Buswell - Sheep
Megan Jensen – Commercial Beef
SUSTAINABILITY &
STEWARDSHIP
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Our mandate• “To achieve a symbiotic relationship between ourselves,
the animals, and the land to benefit the future of each while working toward an ecological profitability by making sustainable environmental choices”
- Sustainability and Stewardship SMF team, 2015.
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This Year…• SMF Biosecurity• Feed Security – Weed Risk • Manure Management• Cover crops, companion crop, and intercropping
• Long Term Rotation
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Biosecurity – SMF Standard Operating Procedures
• Concern• Missing information
• Outdated information
• Goal • Revise old SOP’s
• Design new ones
• Outcome• 4 new SOP’s
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Biosecurity Project – A.I. Barn • Concerns
• Outside livestock from many different locations enter facility = high risk of transmitting diseases
• Goal• Mitigate risk of transmittable disease spread
• Outcome• Project is pending; discussion with veterinarian about disinfection procedure
• Purchasing a disinfection sprayer unit being discussed
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Biosecurity – Crop Unit • Concerns
• Soil borne transferrable crop diseases; specifically clubroot
• Transferring alien weed seeds from other areas via soil
• Goal• Create protocol to mitigate risks associated with soil
transfer on the SMF
• Outcome • Created a protocol regarding clean student work boots
and a risk assessment students use when driving student vehicles in Student Managed Farm fields
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Sheep Facility
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Biosecurity – Sheep Facility• Concerns
• Contagious livestock diseases and disinfection protocol in facility
• Goal• Mitigate risk, disinfection boot wash stations in the facility
• Outcome • Contacted Marisa Moe, Instructor and Faculity advisor
for the Sheep SMF Team• Disinfection boot wash station at each entrance along
with appropriate signage, also boot wash stations placed in all the livestock facilities
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Feed Security
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Feed Security• Concerns
• Weed transfer to college by hay, straw, grain from outside sources
• Goal • Research where specifically hay is sourced
• Scout the farm for weed species, abundance, location, make a risk assessment
• Outcome• Reviewed photos of species and ranked them as high risk and low
risk based on specified criteria
• This year the weed transfer risk was low
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Risk Analysis• Criteria: dispersal, invasiveness, presence in the Vermilion area, location found
on farm
• Weeds found:• Brome – low risk, fence line, gets grazed• Mallow – low risk• Stinkweed – low risk, annual, no vegetative parts, not high seed dispersal• Shepherd’s purse – low risk• Chickweed – low risk• Foxtail Barley – moderate risk, not a significant risk• Canada thistle – high risk • Barnyard grass – high risk, species not common here• Storksbill – high risk, rampant in some of our fields• Scentless chamomile – high risk, not found on the farm so far, but have
seen it, species is high risk
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Manure Management Proposal
Current Herd • 3229 metric tons dry manure • 400,000 gallons of liquid manure
Future Herd• 6,337metric tons Dry• 1,390,476 gallons liquid
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Manure Management Proposal• Concerns
• Phosphorus levels on certain SMF fields
• Environmental damage this may be causing
• Goal• Long-term: Manure distributing and rotating plan
• Short term: Start with spreading manure on farther SMF fields that have not had manure applied = LC20 in particular
• Mitigate environmental risk
• Utilize the nutrients
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Manure Management Proposal • On Going Project
• Environmental cost of nutrient overloading • Possible damaging crop effects• Financial cost savings of reduced fertilizer inputs because of the addition of manure
• Increased financial cost of manure hauling to farther fields
• In the process of calculating manure application rates for LC20
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Cover Crops and Inter-Cropping IntegrationDefining Terms • Cover Crop: Any crop designed to specifically improve
soil health, or as a green manure.• Companion Crop: companion cropping is using annual
crop to accompany perennial forages in their seeding year.
• Intercropping: Harvesting more than one cash that is planted together ocupying different niches in a field.
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Cover Crops and Inter-Cropping Integration
Near-complete suppression of weeds in April (Hayden Farm, Beltsville, MD). Photo credit: Yvonne Lawley, University of Manitoba.
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Cover Crops and Inter-Cropping Integration
• Pea/Oat mixture – intercrop/cover crop/green manure
• Tillage radishes – cover crop• Perennial legume (alfalfa, sweet clover) – companion Crop (underseeded)
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Long Term Rotation
Goals•Diversification•Soil health•Livestock/crop integration•Manure management
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Long Term Rotation
Risks•Missed marketing opportunities• Increased production costs•More labor intensive
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Long Term RotationBenefits• Reduced market risk• Disease pressure• Weed pressure• Herbicide resistance• Flexibility• Soil health
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Long Term Rotation• Example Long Term Rotation (minimum 6 year)
• Legume• Wheat• Silage and cover crop• Canola • Forage/Pasture (2 years)
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Looking Forward• Continued weed scouting and risk analysis for the farm site
• Biosecurity protocols upheld and reviewed• Manure/nutrient management strategy • Environmental Farm Plan• Cover crop integration and extended rotation• Resource “library”
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QUESTIONS?
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THANK YOU TO NEW HOLLAND
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THANK YOU TO OUR PARTNERS• ADM Lloydminster
• Ag Valley Brokers
• Cargill, Camrose
• Market Master Ltd.
• Permolex, Red Deer
• Richardson Pioneer, Lavoy and Provost
• Scoular Grain Canada
Ltd.
• Sunhaven Farms Milling
• Viterra, Vermilion and Star
• Western Ag Labs Ltd.
• Farmers’ Edge
• Webb’s Machinery
• Duck’s Unlimited Canada
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WE HOPE YOU ENJOYED OUR PRESENTATION,
THANK YOU!
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