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This report outlines the findings of the Bison Benchmark Study conducted from 2009 to 2010, focusing on the cost of production and performance metrics across various producer categories. Key objectives included developing benchmarks for cow-calf producers and backgrounders, and assessing production costs, herd profiles, and investment requirements. Findings address productivity variables such as calving rates and daily gains, providing valuable insights for policy development and investments in the industry. The study emphasizes the importance of data collection and analysis for enhancing production practices.
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BISON BENCHMARK STUDYCost of Production Results2009 – 2010 Production Cycle Gerard Woynarski Terry Kremeniuk November 21, 2011
AGENDA FOR TODAY • Project Objectives • Producer Categories • Data Collection Process • Administrative Process • What we Learned • Next Steps
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
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
PRODUCER CATEGORIES # of Participants • Cow-calf producers 17 • Under 100 • 100 plus • Backgrounders 16 • Under 100 • 100 Plus • Finishers 11 • Under 100 • 100 Plus
DATA COLLECTED • Herd Profile • Production Program/Time Frames • Production Costs • Assumptions/Worksheets • Investment requirements • Finished Bison Results
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
Cow-Calf <100 >100 Number of Farms: 8 9 Av # of Cows 52 227 Av # of Bulls 4 14 1. Operating Costs (Per Head) • Total Feed Costs: $371 $308 • Total Other Optg Costs $254 $158 • Total Optg Cost $631 $492 2. Fixed Costs (Depreciation) $144 $ 60 3. Labor $ 7 $ 8 Total Cost of Production $782 $560
Cow-Calf <100 >100 Calving Rate % 88.9 87.3 Av Wean Weight – Bulls 517 496 Av Wean Weight – Heifers 466 449 Av Days from Birth to Wean 293 259 Mortality % in Cow Herd 0.50 2.05 Av Net Return Per Cow $355 $430 Capital costs per head $8194 $4068
Backgrounding - Heifers: <100 >100 Number of Farms: 4 3 Avg # of Backgrounders 66 136 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 $ 5$ 4 Total Cost of Production $882 $822
Backgrounding - Heifers <100 >100 Number of Farms: 4 3 Avg # of Backgrounders 66 136 Avg Wt of Pur. & Retained 467 470 Avg Shipping Weight (lbs) 717 667 Mortality Rate % 1.17 0.41 Days on Grass &/or Feeders 164 172 Av Daily Gain (lb/day) 1.53 1.10 Av Total Cost Per lb Gained $1.12 $1.06 Av Feed Cost Per lb Gained $0.75 $0.60 Av Net Return Per Head $281 $151 Capital Costs Per Head $1279 $1106
Backgrounding - Bulls <100 >100 Number of Farms: 3 6 Avg # of Backgrounders 69 139 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) $ 29 $ 27 3. Labor $ 0$ 3 Total Cost of Production $1117 $923
Backgrounding – Bulls <100 >100 Number of Farms: 3 6 Av # of Backgrounders 69 139 Avg Wt of Pur. & Retained 593 494 Avg Shipping Weight (lbs) 862 721 Mortality Rate % 0.64 0.49 Days on Grass &/or Feeders 165 163 Av Daily Gain (lb/day) 1.65 1.36 Av Total Cost Per lb Gained $1.65 $1.09 Av Feed Cost Per lb Gained $0.92 $0.67 Av Net Return Per Head $316 $274 Av Capital Costs Per Head $1037 $1025
Finishing - Heifers: <100 Number of Farms: 3 Avg # of Feeders 68 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
Finishing - Heifers <100 Number of Farms: 3 Av # of Feeders 68 AvgPur Wt of Feeders (lbs) 502 Avg Shipping Wt at Farm (lbs) 887 Mortality Rate % 0.80 Shrinkage % 4.59 Dressing % at Plant 61.30 Dressing % Feedlot to Carcass 58.53 Days of Feed 260 Av Daily Gain (lb/day) 1.51 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
Finishing - Bulls: <100 >100 Number of Farms: 4 4 Avg # of Feeders 77 381 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 $ 8$ 18 Total Cost of Production $1589 $1351
Finishing - Bulls <100 >100 Number of Farms: 4 4 Av # of Feeders 77 381 Av Purchase Wt of Feeders (lbs) 636 685 Av Shipping Wt at Farm (lbs) 1066 1037 Mortality Rate % 0.73 1.45 Shrinkage % 4.49 3.03 Dressing % at Plant 61.95 59.19 Dressing % Feedlot to Carcass 59.15 56.75 Days on Feed 244 196 Av Daily Gain (lb/day) 1.76 1.80 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 $3590 $1220
NEXT STEPS • Identify More Producers • Continue Data Collection • Adjust • Share Progress & Information • Repeat Again Next Year