Karradale Trading 2018 Year in Review. Anna-Lisa & Craig Newman Varley/Lake King SE Hyden Mixed Broad Acre Agzone4

Transcription

1 Karradale Trading 2018 Year in Review Anna-Lisa & Craig Newman Varley/Lake King SE Hyden Mixed Broad Acre Agzone4

2 Scope of Discussion Business overview Karradale Trading Agronomic Overview Ameliorants, Pasture Improvements & Sheep Enterprise Development 2018 Season highs & lows 2

3 Business & Agronomic Overview 2004 started as full lease operation 3400ha Sheep started with 1500 head to be paid back in wool but retained lambs. Now running 5200 mated ewes. Expanded with leases/sharefarming to 6000 ha by 2013 This model had productivity flaws and limitations. Whole business review post 2012 losses 3

4 Agronomic focus on Acidity & Sodicity 4 Looked to own more land instead and invest long term in large scale soil improvements Expanded to own 7000 ha continued to some leases still in place we are now managing 8500ha. Large scale Liming and Gypsum improvements have been businesses focus for applied ton of limesand and 4300 ton of Gypsum All up costs to date are nearly $700K

5 Agronomic focus Pasture Improvement Identified that crops after pasture phase on only small areas already with established pastures on our farms were giving yield benefits. Lower proteins in grain and inability to achieve malt specs suggested we were underdoing N applications Decision to invest in pastures easy to make as returns would improve both the cropping and livestock components of the business. No longer acceptable to run poor pastures

6 Margurita Serradella Chosen for its suitability for lower ph soil types, its strength in poor soils, biomass and ease of seed production To date we have established 4000 ha run as 2 yr crop 1 yr pasture cycle

7 Biserrula We already had an existing 20yr old stand of this on farm it routinely outperformed its next door paddock, provided ample grazing and was very hardy. Being harder to harvest than Serradella we secured seed in 2016 and established a further 400 ha can run 3 yr crop if desired.

8 Biserrula Pod ha kg est yield 8

9 Summer Sowing Pastures Traditional Autumn sowing is delayed (behind cereals) Growth is slow and purchasing seed in the case of clover is high cost Summer sowing has enabled us to achieve the scale in which we have and capitilised on March and early April rainfall events should they occur Photo taken 13 th April 2016

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11 Harvest own pod easily ton tons in 2 days 11 11/22/2018 Add a footer

12 2016 Summer Sowing Outcomes Summer sowing Margurita serradella Imazethapyr (100g/ha) Roundup Insecticide Sheep (10t/ha ungrazed, 5t/ha grazed) Weed wiper in spring Harvested 30 ton of pod back for the 2017 plans GSR 195 ml (220 Average) Eff Rainfall 212 (175 average) 725 ha of Margurita established successfully (58% of pasture ha avail)

13 13 Weed Wiper targets chemical directly to weed

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15 2017 Canola post Serradella 284 Ha paddock average 1.36 WUE 7.0kg/mm eff rf - Growing season : 195 mm (220 av) - Effective RF : 194mm (av 174)

16 Mulch layer 3 rd March 2017 Grazed all summer Nil strip on right 16

17 Lower N application following season Greater t/ha averages is driving greater N requirements for cereals. Biomass of Serradella has the ability to contribute significantly to the N requirement of today crops Barley % Malt 33% Feed 2017 all crops post pasture had higher protein than unimproved. WUE all barley ton dry matter = 10 Units of N available the next year (Peoples MB et al 2012) Our serradella ranged from 5 ton 11 ton over

18 Agronomic focus - Pasture Improvement Summary 2015: 100 ha Margurita & Eliza serradella nursery paddock 2016: 725 Margurita & 700 ha of Eliza serradella (brown manured) and 500 ha of biserulla 2017: 1700 ha Margurita serradella and 200 ha bladder clover 2018: 1800 ha Margurita serradella 500 ha vetch

19 KARRADALE FARM % OF TOTAL HA SOWN 43% Nov-17 Dec-17 Notes January February March April May June July August September October November December Rain Needed To Reach Av Total Annual Rainfall to date Measuring Crop Performance - Water Use Efficiency Average Annual RF 10 yr BOM mean RAINFALL STATISTICS ANNUAL RAINFALL ANALYSIS % of Annual Average RF to Date -70% 248% -69% -41% -71% -11% -19% 44% -74% -39% Projected Total Annual RF Projected Total Rainfall Decile Rank GROWING SEASON RAINFALL ANALYSIS (NO SUMMER RAIN OR EVAPORATION) Total GSR to date Av GSR April - Oct April - Oct % of GSR Average to Date Current GSR Decile Rank ie if no more rain gsr Projected GSR Decile Rank TOTAL EFFECTIVE RAINFALL ANALYSIS (IE WITH EVAP AND STORED MOISTURE INC Barley Wheat Oats Canola Total of Stored Moist Eff amount of Stored Moisture ie 30% GSR Projections less evaporation 30% Projected Total Eff Rainfall for Season 2014 Average Eff Rainfall WUE Barley 9.6kg/mm eff rf 5yr av ( ) 1.62 t/ha 2017 WUE Barley 13.8 kg/mm eff rf 5yr av ( ) 2.45 t/ha % of Average Eff RF achieved Effective Rainfall Decile Rank WUE 5 yr Av WUE for Yield Estimate t/ha WUE for Yield Estimate t/ha Nov- March 30% 30% WUE for Yield Estimate t/ha % % % FORECAST t/ha based on average GSR % OF AVERAGE GROWING SEASON RAINFALL budget 175 EFF GSR % OF AVERAGE EFFECTIVE GSR RAINFALL ACTUAL WUE EFF GAINED YIELD REALISED 2.36 Improvement/decline 16% 19

20 Measuring Livestock Performance 20 Stocking rates: 2014 prior to expansion 2.6 DSE/WgHa 2018 during pasture establishment 3.2 DSE/Wgha Lambing % 5 yr average 86% %

21 Electronic ID & DNA Flock Profiling using ASBV s 21

22 Project Conclusions Whole Farm Management Profit and Loss Comparative Analysis of vs By DT Neve & Associates 2017/18 Review In concluding, profitability has improved markedly over the last 5 years despite significant productivity investments such as fertiliser, pasture improvements and some fencing in variable expenses. The comparison illustrates that even at this very early stage of the development phase there are very positive impacts to the business and profitability which indicate positive impacts to profit from the development's strategies being employed by the partners 22

23 2018 Season Pasture & Sheep Enterprise 1700ha summer sown to Serradella (light country and Vetch (clays) Challenging Autumn after February rain showed promise Decision making between sheep feed and conserving moisture for crop Sheep Enterprise 104% lambing for the tight season Tight year for pasture growth challenging for new pastures Vetch not coping with early grazing compared to Serradellas and biserulla Biserrulla Regermination March 2 nd

24 Livestock Risk Management Feedlot in 2018 to speed up wether hoggets into lamb market Drought lot in 2017 to help with late break Set up with Hay reserves aim to conserve solid amounts of feed grain to have on hand Crop grazed more advanced crops for 14 days which helped ease pressure 24

25 2018 Cropping Program Worst Autumn on record for region Crops put in late suffered with the lack of rain in September Hard decision making around what % to dry sow 10 ml event April 2 nd was difficult - too early for comfort but was a start for some 25

26 Canola suffered the most Patchy germinations and low plant populations some sprayed out paddocks On the most part it got going in the end did well considering even if was ugly Frost events early and mid September have caused the most damage in canola we hayed 200 ha of the earlier germinating good stuff typically 26

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