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Lamb Finishing Systems
Second Year Summary
Systems Measured
Lucerne
Plantain
Forage Brassica
Special Purpose Pastures
– Lucerne, Phalaris
– Fescue
– Clover, Lucerne, chickory
2
3
Lucerne
Hummer Fescue
6 sites
Lucerne/Phalaris
and Plantain
Brassica
Clover/Lucerne/Chickory
and Brassica
Clover/Chickory
What was measured
Lamb Weights (50 lambs reduced as sold)
– Entry
– Exit
Stocking rates
Herbage Mass
– Entry + Feed quality Test (first graze)
– Exit
Supplements
Other stock carried (1 July 18 – 30 Jun 19)
4
For each grazing
Economic Analysis Lamb Weight Gain
– Valued at 3 yr median price (604 c/kg cwt)
Variable costs
– Drench ( 2 drenches one fly per 15kg Lwt. gain)
• $0.13 c/kg Lwt gain
– Supplements costed as fed
– Transaction costs (5% of value gained)
– Freight ($0.05 per kg gained)
– Maintenance Phosphorous for extra DSE at 1kg/DSE ($5)
Amortised cost of establishment.
Value of extra grazing
– (valued at general sheep gross margin/dse)
5
Value of extra grazing
6
HS&A Benchmarking
Weighted Average
$55.70/dse
Taylors – Fishy Lake
2 paddock rotation
One 39ha paddock measured
– 26ha lucerne
– 6ha phalaris
– 7 ha native
Grazed
– 27th Nov – 4th Jan, 3rd Feb – 5th Mar,
7
8
Weight Gain First Grazing
2nd Cross
810 lambs
27/11 – 4/1 (38 days)
Total Gain = 8.27kg x 810
= 6,698kg
= 172kg/ha
34 lambs
5/12 – 4/1 (30 days)
Total Gain = 8.5kg x 34
= 289kg
= 7.4kg/ha
1st Cross
9
Weight Gain 2nd Grazing
764 lambs 3/2 – 5/3 (30 days) Total Gain = 3.56 x 764 = 2,720kg = 70kg/ha
34 lambs 3/2 – 5/3 (30 days) Total Gain = 4.3 x 34 = 146kg = 3.8kg/ha
2nd Cross 1st Cross
Economics
Lwt Gain 253 kg/ha
Dressed 114 kg cwt/ha
Value $689/ha
Other Grazing 7.31 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 0.69 DSE/ha
Value $38/ha
NET $651/ha
10
Benefits
4 month Fallow 2.64 DSE
Value $147/ha
Cost to Establish $250/ha
Total (over 32 ha) $326/ha
Amortised (10yr) $46/ha/yr
Fertiliser (6 DSE) $30/ha
Commission $34.45
Freight $12.65
Husbandry $32.89
Total Cost $156
Costs
PROFIT = $495/ha/yr
Yelds Lucerne / Phalaris
3 x 10ha paddock rotation
One paddock measured for biomass
Wt. gains tracked in all three paddocks
11
12
1020 lambs
14/12 – 31/12 (17 days)
5 tonnes of pellets fed
Total Gain = 1162kg
= 116 kg/ha
Hill Paddock Weight Gains
26th November 7th February
410 lambs
1/2 – 11/12 (10 days)
2.6 tonnes of pellets fed
Total Gain = 791kg
= 79 kg/ha
Total Gain 1950 kg = 195kg/ha Pellets Fed 7.6 tonnes = 760kg/ha
Economics
Lwt Gain 195 kg/ha
Dressed 88 kg cwt/ha
Value $530/ha
Other Grazing 4.7 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 3.3 DSE/ha
Value $184/ha
NET $346/ha
13
Benefits
2 month Fallow 1.3 DSE
Value $74/ha
Cost to Establish $315/ha
Total $389/ha
Amortised (10yr) $56/ha/yr
1.6t Lime (15ys) $15/ha/yr
Fertiliser (5.4 DSE) $27.00
Pellets $380
Commission $26.50
Freight $9.75
Husbandry $25.35
Total Cost $539
Costs
Loss = $193/ha/yr
14
1020 lambs
14/12 – 31/12 (17 days)
5 tonnes of pellets fed
Total Gain = 1162kg
= 116 kg/ha
Overall Weight Gains
across the three paddocks
410 lambs
1/2 – 11/2 (10 days)
2.6 tonnes of pellets fed
Total Gain = 791kg
= 79 kg/ha
566 lambs
16/11 – 14/12 (29 days)
3.2 tonnes of pellets fed
Total Gain = 4161kg
= 416 kg/ha
566 lambs
31/12 – 15/1 (15 days)
2.5 tonnes of pellets fed
Total Gain = 848 kg
= 85 kg/ha
285 lambs
15/1 – 1/2 (17 days)
1.5 tonnes of pellets fed
Total Gain = 1250 kg
= 125 kg/ha
Overall Gain 8220 kg = 274kg/ha Pellets Fed 14.8 tonnes = 493kg/ha
Economics
Lwt Gain 274 kg/ha
Dressed 123 kg cwt/ha
Value $744/ha
Other Grazing 4.7 DSE/ha*
Base Line 8 DSE/ha
Extra / Forgone 3.3 DSE/ha
Value $184/ha
NET $560/ha
15
Benefits
2 month Fallow 1.3 DSE
Value $74/ha
Cost to Establish $315/ha
Total $389/ha
Amortised (10yr) $56/ha/yr
1.6t Lime (15ys) $15/ha/yr
Fertiliser (4 DSE) $20.00
Pellets $246
Commission $37.20
Freight $13.70
Husbandry $35.62
Total Cost $424
Costs
PROFIT = $136/ha/yr
Across the 3 paddocks
Pasture
Murdoch (Bibbenluke)
– Hummer Fescue + Clover
Jeffries (Delegate River)
– White Clover + Lucerne + Chickory
16
Murdoch
Single 9ha Paddock
Significant Grazing with other stock
Lambs from 11th Dec to 10th Jan
17
Weight Gain
197 lambs
12/12 – 2/1 (21 days)
Total Gain = 889kg
= 98.8 kg/ha
Entry
Exit
GrazFeed predicted Measured
Economics
Lwt Gain 99 kg/ha
Dressed 44.5 kg cwt/ha
Value $268/ha
Other Grazing 9.7 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 1.7 DSE/ha
Value $94.69/ha
NET $363/ha
19
Benefits 4 month Fallow 2.64 DSE
Value $147/ha
Cost to Establish $572/ha
Total $719/ha
Amortised (10yr) $103/ha/yr
Fertiliser (3.9 DSE) $19.5
Commission $13.40
Freight $4.95
Husbandry $12.87
Total Cost $153.72
Costs
PROFIT = $209/ha/yr
Jeffries Clover/Lucerne/Chickory
Single 20.2 ha Paddock
Some Grazing with other stock
Lambs from 23rd Oct to 1st Dec at 54 lambs/ha
Weight Gain 1
1260 lambs
1/11 – 8/12 (36 days)
Total Gain = 12,350kg
= 612 kg/ha
1414 lambs
10/1 – 30/1 (20 days)
Total Gain = 5656 kg
= 280 kg/ha
908 lambs
10/1 – 30/1 (19 days)
8t of grain fed
Total Gain = 7063kg
= 350 kg/ha
Weight Gain 3 Weight Gain 2
Total Lamb wt gain = 1242 kg/ha
Economics
Lwt Gain 1242 kg/ha
Dressed 559 kg cwt/ha
Value $3376/ha
Other Grazing 0 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 8 DSE/ha
Value $446/ha
NET $2930/ha
22
Benefits
Pasture Cost
Average Annual $240
Amortised over 5yrs
Including amortised lime cost
Grain (3rd graze) $158.00
Commission $169.00
Freight $62.10
Husbandry $161.46
Total Cost $790.56
Costs
PROFIT = $2139 /ha/yr
Brassicas
Murdoch (Bibbenluke)
– Leafmore
Jeffries (Delegate River)
– Raphno
23
Murdoch Brassica
Single 13.7 ha paddock measured
24
Weight Gain 1 350 lambs
12/12 – 4/1 (24 days)
Gain = 2108kg = 154 kg/ha
328 lambs
4/1 – 9/1 (6 days)
Gain = 494kg = 36 kg/ha
418 lambs
9/1 – 15/1 (7 days)
Gain = 734kg = 54kg/ha Weight Gain 2
406 lambs
17/1 – 5/2 (20 days)
Gain = 836kg = 61 kg/ha
305 kg Lamb/ha
Economics
Lwt Gain 305 kg/ha
Dressed 137 kg cwt/ha
Value $829/ha
Other Grazing 10.5 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 2.5 DSE/ha
Value $139/ha
NET $968/ha
26
Benefits 0 month Fallow 0.0 DSE
Value $0/ha
Annual Crop Costs $300/ha
Total $300/ha
Commission $41.45
Freight $15.25
Husbandry $39.65
Total Cost $396
Costs
PROFIT Increase = $572/ha/yr
Jeffries
Single 34ha paddock measured
27
Weight Gain
2354 lambs
13/12 – 21/1 (38 days)
Total Gain = 29608 kg
= 871 kg/ha
Economics
Lwt Gain 871 kg/ha
Dressed 392 kg cwt/ha
Value $2367/ha
Other Grazing 1 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 7 DSE/ha
Value $390/ha
NET $1977/ha
29
Benefits 0 month Fallow 0 DSE
Value $0/ha
Annual Crop Costs $650/ha
Total $650/ha
Commission $118.35
Freight $43.55
Husbandry $113.23
Total Cost $925
Costs
PROFIT Increase = $1052/ha/yr
Forage Herbs
Yelds
– Chickory, Plantain, Clover
Taylor (Kybeyan)
– Chickory, Plantain, White Clover
30
Yeld’s Chickory / Plantain
Two 8ha paddock grazed in rotation
Single paddock assessed
– Mostly plantain and volunteer annuals in
year1
– Very little of the sown species remaining in
year 2.
Graze 1
533 lambs
14/12 – 31/12 (16 days)
Pellets fed = 4 tonnes
Gain = 1978 kg = 247 kg/ha
380 lambs
11/2 – 21/2 (10 days)
Pellets Fed 2.5 tonnes
Gain = 1071 kg = 134 kg/ha
Graze 2
Economics
Lwt Gain 381 kg/ha
Dressed 171 kg cwt/ha
Value $1036/ha
Other Grazing 5.15 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 2.85 DSE/ha
Value $159/ha
NET $877/ha
33
Benefits 4 month Fallow 2.64 DSE
Value $147/ha
Cost to Establish $435/ha
Total $582/ha
Amortised (3yr) $223/ha/yr
Fertiliser (8.5 DSE) $42.50
Commission $51.8
Freight $19.05
Husbandry $49.53
Supplements $406
Total Cost $792
Costs
PROFIT increase = $85/ha/yr
Taylor Chickory / Plantain Clover
Single 31ha paddock measured
Lambs only measured across one
grazing out of three.
Significant grazing with other stock
34
35
Weight Gain
342 lambs
26/12 – 11/1 (46 days)
Total Gain = 9.48kg x 342
= 3242kg
= 105 kg/ha
Economics
Lwt Gain 105 kg/ha
Dressed 47 kg cwt/ha
Value $285/ha
Other Grazing 7.7 DSE/ha
Base Line 8 DSE/ha
Extra / Forgone 0.3 DSE/ha
Value $17/ha
NET $268/ha
36
Benefits
Cost to Establish $290/ha
Amortised (5yr) $71/ha/yr
Fertiliser (3.1 DSE) $15.50
Commission $14.25
Freight $5.25
Husbandry $13.65
Total Cost $119.65
Costs
PROFIT = $148/ha/yr
Summary Year 2
37
Lucerne Pasture Forage Brassica Herb mix Lamb Gain (Kg Lwt/ha) 253 274 99 1242 305 871 381 105 Net Other Grazing
(DSE/ha) 0.69 3.3 1.7 8 2.5 7 2.8 0.3
Net Value ($/ha) 651 560 363 2930 968 1977 877 268 Extra Costs ($/ha) 156 424 154 791 396 925 792 119 Net Profit 2018-19
($/ha) 495 136 209 2139 572 1052 85 148 Net Profit 2017-18 ($/ha) 355 503 305 828 845 324 123 361 2394 Ave Net Profit ($/ha/yr) 425 319 519 1492 347 706 1239
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