key factors in profitable sheep production

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Key Factors in Key Factors in Profitable Sheep Profitable Sheep Production Production DGM:ISU

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Key Factors in Profitable Sheep Production. DGM:ISU. Current Prices. Sheep Numbers are not increasing. Why ????. DGM:ISU. Basic Economics Profit = Income - Expenses. Increase Income or Decrease Expenses or DO BOTH. DGM:ISU. Critical Records for Every Operation. - PowerPoint PPT Presentation

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Key Factors in Key Factors in Profitable SheepProfitable Sheep

ProductionProduction

DGM:ISU

Current PricesCurrent Prices

Sheep Numbers are not increasing.

Why ????

DGM:ISU

Basic EconomicsProfit = Income - Expenses

Increase Incomeor

Decrease Expensesor

DO BOTH DGM:ISU

Total Number BornTotal Number Weaned% Lamb Survival% Open Ewes% Ewe Death Loss

Critical Records for Every Operation

DGM:ISU

Critical Records for Every Operation

Feed Use Feed Cost

Until one keeps track,

amount is hard to believe.DGM:ISU

Ewe Cash Costs, Pipestone

2002 39.10 27.38 66.482003 42.84 36.91 79.752004 45.38 34.65 80.032005 48.84 47.34 96.18Aver. 44.04 36.57 80.61

Utilities, Fuel, Vet, Trucking, Feed processing, Hired labor, Shearing, Maintenance and repairs, Bedding.

Feed & Other TotalPasture Oper. Casha

10 steps to reduce feed costs

1. Control feed waste

good bunks

feed what ewes need

not what ewes want

limit access to big packages

10 steps to reduce feed costs10 steps to reduce feed costs

2. Use feed substitution/byproducts

purchase feeds on nutrient cost

examples: corn gluten feed

corn

hay qualities

DGM:ISU

10 steps to reduce feed costs10 steps to reduce feed costs

3. Separate management groups

ewe lambs vs mature ewes

singles vs twins

thin vs average vs fat

DGM:ISU

10 steps to reduce feed costs

4. Mineral cost and intake

Read label

know intake level

TM salt vs mineral

cooperative purchasingDGM:ISU

10 steps to reduce feed costs

5. Sample hays

supplement as needed

example: protein blocks

“They might need it”

DGM:ISU

10 steps to reduce feed costs10 steps to reduce feed costs

6. Pelleted protein vs. soybean meal

protein supplement @ >$300/ton

SBM @$220/ton with

more protein per pound

DGM:ISU

19871987 3.13.1 17.117.1

19881988 4.44.4 17.017.0

19891989 3.63.6 17.117.1

19901990 9.19.1 18.118.1

19911991 3.53.5 18.018.0

19921992 3.73.7 19.619.6

AverageAverage 4.64.6 17.817.8

SERPSERP DGM:ISUDGM:ISU

YearYear PasturePasture DrylotDrylot

7. Improved grazing management

Ewe Grazing Days Per Ewe Grazing Days Per AcreAcre

BFT: KyBGBFT: KyBG 14291429 19731973

BFT: SBGBFT: SBG 14741474 21222122

BFT: OGBFT: OG 14461446 20282028

Cost $40.00/yearCost $40.00/year

2 of 3 years were drought2 of 3 years were drought DGM:ISUDGM:ISU

Peter Woods, WIPeter Woods, WI

aa

aa

3 Year 3 Year HighHighAverageAverage YearYear

10 steps to reduce feed costs10 steps to reduce feed costs

8. Grazing crop residues

8 months $7.92

10 months $15.84

12 months $23.76

Grazing Season Feed Length Savings

DGM:ISUDGM:ISU

10 steps to reduce feed costs10 steps to reduce feed costs

9. Stock piled grazing

ewes can winter outdoors?

additional benefits

flock health

reduced labor

10 steps to reduce feed costs10 steps to reduce feed costs

10. Change production systems

Late lambing

Nutrient requirements and

forage quality match

DGM:ISUDGM:ISU

Charles Parker Challenge

365 pounds of lamb marketed/ewe/year

Industry is at 50% or less

HOW ???

Increasing Income

DGM:ISU

Breeding season managementwhen to breedflushingteasers ewe age groups

Increasing Production

Genetic improvement NSIP accurate maternal selectionLifetime productionnot S vs Tw vs Tr

Pounds weaned is the trait

Increasing Production

Prolific geneticsChoose the lambing rate you want1.5 to 4.0 possible

Increasing Production

DGM:ISU

Crossbreeding Simple to complex

increase production15-50 % over straight breds

Increasing Production

DGM:ISU

DGM:ISU

Death loss from birth to weaning is the greatest inefficiency in the

sheep industry.

Increasing Production

Increased growthuse terminal sires

Heavier market weights use terminal sires

feed them longer

Increasing Production

Management Inputs

Do not have a Cash Cost Never substitute cash

inputs for management

Poor Management Inputs

Flushing fat ewes

Vaccinating for a disease because your neighbor does it.

Monthly deworming vs a strategic approach

DGM:ISU

Feeding oats when corn is 50% cheaper

Feeding dairy quality hay to minimize waste

Giving up .2-.5 lambs/ewe/year due to breeding season and death loss

DGM:ISU

Poor Management Examples

Getting/Being Profitable

Increase output without increasing inputs

Increase production via: Management

Genetics

Nutrition

Reproduction

DGM:ISU

Decrease Production CostsStep 1: Know where your at

Step 2: Develop plan to get

where you want to be

Getting/Being Profitable

Profitable Sheep Production

Must be “the” goal Sound Management Cost control Use technology

DGM:ISU