Grant County Blake s Point RE, LLC information sheet for a sow farm

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1 Grant County Blake s Point RE, LLC information sheet for a sow farm February, Purpose: To produce high quality weaned piglets to supply family pork producers located in the Midwest. Why Grant County: Ag zoned community Low swine density area Feed availability Low population density Access to Midwest work ethics and animal husbandry skills Good school systems- ideal for new families relocating Developed community Scope and size: 6 buildings individual maternity pens and 600 gilt development pens (building 1) farrowing pens (building 2) nursery spaces (building 3) gilt development spaces (building 3) 5. Office (building 4) 6. Compost building (building 5) 7. Small storage shed (building 6) Buildings are well designed and expected to last 40+ years Approximate cost: $12,000,000 for real estate $3,300,000 for livestock 1

2 Employment opportunity summary: 14 full time employees to run the farm o Annual payroll ~ $800,000 o Comprehensive benefits package offered to all full time employees o Profit sharing retirement plan offered 4 part time employees Many other indirect jobs created Annual numbers production: 140,000 weaned piglets produced annually o Estimated value $5,600,000 per year in weaned piglet sales o Estimated $600,000 in sow sale revenue Resources used annually: Estimated feed stuffs used o 150,000 bushels of corn o 750 tons of soybean meal o 2500 tons of DDG s o 250 tons of other ingredients o Estimated total feed cost $1,900,000 o Feed stuffs sourced locally Estimated annual utility needs o Electrical use $140,000 o Propane use $40,000 Manure production and nutrient management summary: Approximately $200,000 in nutrient value created annually by the organic manure from the facility Will fertilize provide the nutrients for ~ 1200 acres annually. The nutrient management plan will include more than 2500 acres and will be monitored by the State of Wisconsin DNR. All manure liability is held by the permit holder (Blake s Point RE, LLC) Application methods used: o Drag line will be used when possible manure incorporated into the soil Lower field compaction 2

3 Less road use Improved Safety Faster application o A no-till injection tool bar can be used if incorporation is not desired How does the Pipestone Fit? Site prospecting and permitting Provide design Provide complete management for the owners Currently manage 53 sow farms and more than 170,000 sows in SD, MN, IA, NE, MO Position on roads: Need good quality roads Will restore to as good or better condition than they were in at the start of the project Will sign a road haul agreement with the Township or County if appropriate Estimated State and Local benefits: Employee base and $800,000 annual payroll o 14 full time and 4-6 part time jobs o Also many indirect jobs Feed purchased locally at approximately $1,900,000 per year Improve grain basis on feed grains used Utilities purchased locally valued at approximately $180,000 per year $200,000 in nutrient value to the farmers ($80,000 net) Real Estate taxes of approximately $50,000 per year State sales and excise tax to build the project will be approximately $450,000 During construction phase of project many construction people in the community that will need: o Food o Lodging o Fuel State sales tax on many items purchased annually for the sow farm 3

4 Nutrient summary: Typical sow barn manure will test per 1000 gals - 20 lbs N 10 lbs P 10 lbs of K. Based on a 150 bushel / acre corn crop and a nitrogen based application the target would be 8,000 gallons per acre applied. This would be 160 lbs of N, 80 lbs of P and 80 lbs of K. A six market average price for this fall was 59 cents/lb N 46 cents/lb P and.48 cents/lb K o $94.40 N/a o $36.80 P/a o $38.40 K/a Total nutrient value of the manure would be $ per Required acres needed per year for a 5400 sow site in full production is approximately Water usage and reference: Site will use 20,000 to 25,000 gallons of water per day 2 water sources o Rural water (if available) o 1 2 wells 20,000 50,000 gallon reservoir on site Water use comparison - example 4

5 Dr. Steve Pohl- Phone Conversation South Dakota State University College of Agricultural and Biosystems Enginerring April 16, 2012 Irrigation Calculation How a y gallo s of water does it take to irrigate 3 acres of la d? In a typical irrigation system one inch of water would be applied over 4 days. 800 gallons of water per minute is generated from one pump. (48000 per hour) gal of water per hour x 96 hours (4 days) = 4,608,000 gallons to apply one inch of water to 130 acres It will take the farm approximately 230 days to use the same water as one center pivot putting on 1 of water! Reference:Midwest Plan Service (mwps.org) MWPS-30 Sprinkler Irrigation Systems,

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