2. SMF Manager Roles & Responsibilities
Provide leadership to the class
Support the SMF managers
Provide a vision for and direction for SMF
3. SMF – Powered By New Holland
10-year, multi-million dollar Deal
“We’reproud to enter into this agreement with
New Holland, a company that shares our
passion for education and innovation” says
Glenn Charlesworth, president of Lakeland
College
4. Management Team
Amy Smith – Operations
Jared Sapach – Marketing
Lindsey Stanko – Finance
Codey Boehm – Public Relations
Cory Laird - Production
9. Members and Roles
Group members include:
Ashleigh B, Ashley K and Dalyn W
Teacher Advisor: Robert Dixon
Public Relations is responsible for:
Linking SMF with the agriculture industry
Building presentations
Creating an image for SMF
11. Members and Roles
Group members include:
Pearce R, Reid F and Stephen T
Teacher Advisor: John Lunty
Operations is responsible for:
Bin planning
Scheduling harvest and trucking
Samples and moisture tests
12. Field Manager Pro
A software program designed to
compile chemical and fertilizer used
dates of operations
field history
storage and harvest data
15. Importance of FMP
Record keeping
Communication
Keeps our farming operation organized
Easy transition from class to class
16. Carbon Credits
A carbon credit is a tradable certificate
The company selling the carbon credit must
reduce one tonne of carbon to generate the
credit
A company can generate one tonne of carbon
per credit
Main purpose of carbon credits:
Reduce Greenhouse Gas emissions
Make large industrial companies pay to emit
carbon dioxide/toxic gases
Reward farmers for reducing carbon
emissions
17. Carbon Credits
Reduced or zero tillage practices
generate carbon credits
Growingcrops take in CO2 and emit O2
through photosynthesis
Carbon credits provide added income
Farmers
who practice no till will receive
more credits than those who practice
minimum till
18. Carbon Credits
After 15 to 30 years it is estimated that the
soil will reach its capacity to hold carbon
in a stable state
Lakeland College redeemed carbon
credits this year
Lakeland College received $1/acre over
3500 acres
There is a $0.30 deduction on the 1dollar
which made our total earnings $2500
22. Members and Roles
Wheat Team: Jake M, Chad K, Michelle B
Feed Grains Team: Sven W
Peas Team: Kaz D
Flax Team: Justin P
Canola Team: Stephanie L, Malcolm O,
Damian L
Teacher Advisor: Tracy Quinton
Marketing is responsible for:
Finding buyers and selling grain
Following trends in the market
24. HRS Summary
105 MT priced under December futures
95 MT priced under March futures
150 MT put in the wheat pool
current pro is $309.00/MT
or $8.41/bu
25. December Contracts
105MT futures priced by previous SMF in 15MT
increments
Basis priced out between October and
December 2011 by current SMF class
Our average price per tonne after deductions
is $7.26/bu
44. Feed Wheat
200MT from 2010 valued at $5.00/bu
Sold 86MT for 5.21$/bu F.O.B
Sold 86MT for 5.06$/bu F.O.B
Average price 5.13$/bu
Approx. 28MT on inventory
45. Feed Barley
Sold to College Farm
Ag Value 4.14$/bu F.O.B
1350bu at 4.04$/bu
48. Date Bushels sold Price Freight Price after
($/bu) Cost Freight ($/bu)
September 1580bu $9.03 $0.31 $8.72
March 1200bu $8.50 F.O.B. $8.50
March 940bu $10.00 F.O.B. $10.00
Average $9.07
Total Sold 3720bu
Started out with 4720bu
Of remaining 1000bu, 700bu are cleaned for
seed and 300bu are bin run
49. Canadian Peas
Canadian peas production fell by 30% largely
due to lower harvested area in Saskatchewan
Exports are expected to fall to 2.1 million
tonnes
Other major markets are in China and
Bangladesh
Market support may come from a smaller US
crop
53. Market Outlook
Canadian dry pea prices have been
supported this crop year by a smaller world
dry pea crop and steady world demand
Bottom line for 2011-12, the average price is
expected to rise due in part to a tight
Canadian and world supply
55. Where is it grown?
Themajority of the flax (80%) is grown in
south-eastern Saskatchewan
Total
seeded & harvested flax acres have
been quite low in the 10 year average
56. Why is Flax Acreage Decreasing?
Competition from Kazakhstan & Russia
Under
pressure due to lower oilseed and
vegetable oil prices
European Union wanting organic flax
64. Dekalb - No. 3 Canola
213MT sold to Viterra
79MT was 16-18% green
134MT was between 18-20% green
After dockage of 10MT
76MT averaged $423.65 or $9.61/bu
127MT averaged $413.37 or $9.37/bu
203mt total averaged $417.29 or $9.46/bu
Estimated freight at $6/MT or $0.13/bu
Break even of $5.82/bu
65. Victory – No.2 Canola
76MT signed up for basis contract
on December 14, 2011
Estimated discount from No.1– No.2
$21.00/MT
$0.48/bu
70. Contract Breakdown
Tonne Futures Basis Net Price Net Price Total
15 $538.90 $23.72 $562.62 12.76 8,439.30
5 $529.30 $23.72 $553.02 12.54 2,765.10
10 $531.60 $23.72 $555.32 12.59 5,553.20
10 $536.20 $23.72 $559.92 12.70 5,599.20
10 $542.50 $23.72 $566.22 12.84 5,662.20
5 $575.50 $23.72 $599.22 13.59 2,996.10
16 $533.10 $23.72 $556.82 12.63 8,909.12
5.2 $598.90 $23.72 $622.62 14.12 3,237.62
Total 76.2 43,161.84
Average per tonne $548.25 $23.72 $566.43
Average per bushel $12.43 $0.54 $12.85
71. Canadian: Stock-Use ratio
25%
23.1% CANDIAN CANOLA S/U
21.8% RATIO
Canola Council of Canada
20% 19.4%
18.0%
17.6%
15% 14.5%
13.2%
12.0%
10%
8.3%
5%
0%
02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11
72. Forward Pricing
Estimated 330 acres will be seeded
Estimated yield of 35 bushels per acre
Comfortable to pre-price 17%
330 ac X 35 bu = 11550bu
44MT =1963 bu
44MT = 17%
Targeting 12$/bu
73. Forward Pricing
Forward priced 10MT of number 1 canola
Used November 2012 futures at $557.60
with a $18.11 under basis
Net price is $539.49/MT or $12.23/bu
78. Members and Roles
Group members include:
Breann W, Tara W, Harolt W, Justin K
Teacher Advisor: Kelsey Dodsworth
Finance is responsible for:
Enter transactions into QuickBooks
Calculate Cost & Return Spread Sheets
Present weekly financial reports
Organize budget for next year
80. LC14 – 130 acres
Canola – Dekalb
Yield – 39.9 bu/ac
Income
Price $9.46/bu
Total Income $377.45/ac
Total Expense $302.54/ac
Break Even Yield 31.98bu
Break Even Price $7.58/bu
Net Margin $74.91/ac
81. LC17A – 98 acres
Canola - Dekalb
Yield - 36.4 bu/ac
Income
Price $9.46/bu
Total Income $344.34/ac
Total Expense $293.29/ac
Break Even Yield 31.00bu
Break Even Price $8.06/bu
Net Margin $51.05/ac
82. LC17B – 78 acres
Canola – Victory
Yield – 43.1 bu/ac
Income
Price $12.70/bu
Total Income $547.37/ac
Total Expense $325.09/ac
Break Even Yield 25.59bu
Break Even Price $7.54/bu
Net Margin $222.28/ac
83. LC05, Intercrop – 28 acres
Canola – Clearfield
Yield – 23.8 bu/ac
Income
Price $9.46/bu
Total Income $225.15/ac
Total Expense $219.92/ac
Break Even Yield 23.24bu
Break Even Price $9.24/bu
Net Margin $5.23/ac
84. LC05, Intercrop – 28 acres
Peas – CDC Meadow
Yield – 33.4 bu/ac
Income
Price $10.00/bu
Total Income $334.00/ac
Total Expense $211.88/ac
Break Even Yield 21.18bu
Break Even Price $6.34/bu
Net Margin $122.12/ac
85. LC04&06 – 96 acres
Peas – CDC Meadow
Yield – 62.1 bu/ac
Income
Price $8.80/bu
Total Income $546.48/ac
Total Expense $293.23/ac
Break Even Yield 33.32bu
Break Even Price $4.72/bu
Net Margin $253.25/ac
86. LC12 – 18 acres
SWS Wheat – AC Andrew
Yield – 80.4 bu/ac
Income
Price $5.75/bu
Total Income $462.30/ac
Total Expense $276.04/ac
Break Even Yield 48.00bu
Break Even Price $3.43/bu
Net Margin $186.26/ac
87. LC12 – 97 acres
HRS Wheat – Kane
Yield – 47.3 bu/ac
Income
Price $6.20/bu
Total Income $293.26/ac
Total Expense $288.11/ac
Break Even Yield 46.46bu
Break Even Price $6.09/bu
Net Margin $5.15/ac
88. AL01 – 133 acres
HRS Wheat – Harvest
Yield – 62.6 bu/ac
Income
Price $6.20/bu
Total Income $388.12/ac
Total Expense $278.96/ac
Break Even Yield 44.99bu
Break Even Price $4.46/bu
Net Margin $109.16/ac
89. LC18 – 98 acres
Flax – Hanley
Yield – 28.3 bu/ac
Income
Price $12.50/bu
Total Income $353.75/ac
Total Expense $214.42/ac
Break Even Yield 17.15bu
Break Even Price $7.58/bu
Net Margin $139.33/ac
90. LC11 – 15 acres
Feed Barley – Ranger
Yield – 90 bu/ac
Income
Price $4.04/bu
Total Income $363.60/ac
Total Expense $179.89/ac
Break Even Yield 44.52bu
Break Even Price $2.00/bu
Net Margin $183.71/ac
91. LC01&03 – 76 acres
Barley Silage – Ranger
Yield – 12 MT
Income
Price $25.50/MT
Total Income $306.00/ac
Total Expense $186.79/ac
Break Even Yield 7.32MT
Break Even Price $15.57/MT
Net Margin $119.21/ac
92. LC10 – 30 acres
Barley Silage – Ranger
Yield – 12 MT
Income
Price $25.50/MT
Total Income $306.00/ac
Total Expense $187.19/ac
Break Even Yield 7.34MT
Break Even Price $15.60/MT
Net Margin $118.81/ac
95. Total Income
Apr '11 - Mar 12
Incom e
4000 · Sales
4020 · Canola Sales 135,221.38
4030 · Wheat Sales 81,384.96
4050 · Pea Sales 59,135.53
Total 4000 · Sales 275,741.87
4120 · Change in Crop Inventory 40,873.19
4900 · Miscellaneous Incom e 273.60
Total Incom e 316,888.66
As of March 22, 2012 (in handout)
101. Members and Roles
Canola: Dalyn W
Barley silage: Tara W, Reid F
Peas: Chad K and Justin P
Flax: Justin K
Wheat: Michelle B
Teacher Advisors: John Lunty & Peter Walsh
Production is responsible for:
Planning crops and inputs for 12/13
Soil testing
Pre pricing of seed and fertilizer
102. Production Planning Considerations
Field History
Crop Rotation
Chemical Rotation
Economics (Budgets)
Fertilizer Blends
Target Yields
Uptake Nutrients Required
Soil Sample Results
Industry and Advisor Advice
103. Fertilizer Calculator
Crop Uptake and Removal Chart
Uptake Removal
lbs/ac unit yield (BU) lbs/ac unit yield (BU)
Crop N P K S Crop N P K S
Canola 3.30 1.45 2.30 0.60 Canola 1.92 1.05 0.52 0.34
Wheat 2.30 0.80 2.00 0.25 Wheat 1.60 0.60 0.45 0.13
Barley 1.40 0.55 1.35 0.16 Barley 1.00 0.42 0.32 0.09
Oats 1.10 0.40 1.45 0.13 Oats 0.62 0.26 0.19 0.05
Flax 3.00 0.85 1.80 0.56 Flax 2.20 0.65 0.60 0.23
Peas 3.00 0.83 2.75 0.25 Peas 2.35 0.70 0.71 0.13
Uptake = Total Nutrient taken up by crop to
grow and develop
Removal = Nutrient removed in harvested
portion of the crop
The guidelines in this chart are estimates and based on typical nutrient concentrations and yields for
good growing conditions in western Canada
References: CFI Nutrient Uptake and Removal - Western Canada 2001, Eastern Canada
2001, A&L Agronomy Handbook
Nutrient Content, Uptake pattern and Carbon: Nitrogen Ratios of Prairie Crops, Manitoba
Agriculture, Food and Rural Initiatives 2007
104. Canola Example
Uptake Target Yield:60
Crop N P K S
Canola 198 87 138 36
Removal Target Yield:60
Crop N P K S
Canola 115 63 31 20
105. Fertilizer Blend Agronomics
Organic Matter – 7lb of N per 1% of O.M will
be released
Nitrogen – Multiply by 0.7 (to account for
losses)
Potassium ideally above 150ppm (300lb/ac)
High Aluminum (600+ppm) can tie up
Phosphorus
Sulphur levels can not be trusted as the
nutrient is so mobile
Sulphur N:S Ratio should be 5:1 in blends
Copper Levels should be above 1ppm
Boron Levels should be above 1ppm
106.
107. Law of Minimum - Liebig
The law of
minimum
developed by
Liebig in 1862
states that crop
production can
be no higher than
that allowed by
the most limiting
plant growth
factor
109. Variable Rate Technology
Variable
Rate Technology or VRT
combines GPS, electronic controllers and
geographical information system in the
cab to change the rate of any product
being applied in the field
120. Zone Prescriptions
Zone 1 Target Yield:50
Crop N P K S
Canola 110 30 10 22
Zone: 2 Target Yield:55
Crop N P K S
Canola 120 30 10 24
Zone: 3 Target Yield:60
Crop N P K S
Canola 130 30 10 26
Zone 4
Zone 3 Zone: 4 Target Yield:65
Zone 2 Crop N P K S
Zone 1 Canola 140 30 10 28
122. Varieties
Invigor L150
$480/bag-10ac/bag-$48.00/ac
Invigor L130
$480/bag-10ac/bag-$47.00/ac
High Yield Potential
Break up Canola herbicide Systems used
in the past
123. Location and Seeding
Total of 360 acres of seed purchased
L150
-AL01 – variable rate fertilizer
L130
-LC12, LC01 and LC03
Both seeded on cereal stubble in May
Seeding
5 lbs/ac rate
10 plants/ft2
Dekalb canola variety trials
130. Variety
Trochu
Smooth awned
Six row
Dual purpose
High silage yield
Common root rot resistance
Scald resistance genes
Low lodging resistance
131. Seeding
Will be grown on
LC 17 A, B and C
LC 10
LC 11
Will be seeded
Mid May to early June
100 lbs/ac rate
24 plants/ft2
1.5- inch depth
132. Nutrients and Crop Protection
Fertilizer
70-25-0-10
Herbicide – Pre Seed
Round Up Transorb plus Express Pro
Herbicide – In crop
Frontline XL plus Axial
133. CROP INFORMATION Barley Silage Barley Silage Barley Silage Barley Silage
Variety Trochu Trochu Trochu Trochu
Field LC 17 A LC 17 B LC 17 C LC 11 + 10
Acres 98 78 88 45
Yield (MT) 8 8 8 8
Projected Price($/MT) $ 26.00 $ 26.00 $ 26.00 $ 26.00
TOTAL INCOME $ 208.00 $ 208.00 $ 208.00 $ 208.00
EXPENSES
Custom Work $ 44.00 $ 44.00 $ 44.00 $ 44.00
Crop Protection Productions $ 35.00 $ 35.00 $ 35.00 $ 35.00
Fertilizer $ 55.88 $ 55.88 $ 55.88 $ 55.88
Seed and Seed Treatments $ 22.50 $ 22.50 $ 22.50 $ 22.50
Other $ - $ - $ - $ -
Insurance $ 8.87 $ 8.87 $ 8.87 $ 8.87
Equipment, Buildings, Etc $ 23.19 $ 23.19 $ 23.19 $ 23.19
TOTAL EXPENSES $ 189.44 $ 189.44 $ 189.44 $ 189.44
NET MARGIN $ 18.56 $ 18.56 $ 18.56 $ 18.56
Break Even Yield at Budget Price 7 7 7 7
Break Even Price at Budget Yield $ 23.68 $ 23.68 $ 23.68 $ 23.68
Gross Margin for Field $ 1,818.88 $ 1,447.68 $ 1,633.28 $ 835.20
135. Variety
CDC Meadow
Seed from last years pea crop
It is a proven variety that performs well in
the Vermilion area
Price of seed determined by current market
price
136. Seeding
Will be grown on
LC 14
Will be seeded
Early May
180 lbs/ac rate
9 plants/ft2
2 inch depth
Post emergent rolling
Start rolling after seeding but no later than
5-6 nodes
150. Flax Production Overview
Grown on LC14
Variety – Hanley
Target of 30 bu/ac
Fertilizer
45-20-0-5
Herbicide – Pre seed
Cleanstart
Herbicide – In crop
FlaxMax
Fungicide – Optional
Headline
Desiccant
Reglone
151. Why we did not choose to grow flax
competition for acres
had a large silage commitment with
livestock SMF (100 acres more than
originally expected)
not a good fit in rotation
–Not ideal after canola, as it has
allelopathic residues