28.08.2013 Views

Download Property Brochure - Farm & Ranch

Download Property Brochure - Farm & Ranch

Download Property Brochure - Farm & Ranch

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

The farming component of the <strong>Ranch</strong> is expansive and complex. On average, the Broken<br />

O <strong>Ranch</strong> produces 25,000 tons of alfalfa hay and about 700,000 bushels of grain crops<br />

annually. Wheat yields on irrigated crop land average 70 to 75 bushels per acre. Barley crops<br />

average about 80 bushels and can go as high as 110 bushels per acre.<br />

Protein levels of the wheat crop are monitored very closely. Typically, protein levels<br />

on these crops range between 14% and 14.5%, with protein levels on dryland crops<br />

typically between 15% to 16%. A dry fertilizer mix is applied in the spring when the<br />

crop is planted. The abnormally wet spring of 2011 washed much of the fertilizer out<br />

of the ground resulting in lower than normal protein levels in both the irrigated and<br />

dryland wheat crops. Historically the high-protein levels maintained in the wheat crops<br />

have commanded a premium on the commodities market.<br />

One hundred grain bins and flat storage facilities provide for over 1,000,000 bushels of<br />

grain storage on the <strong>Ranch</strong>. Thirty-eight fan systems are utilized among the 52 bins with<br />

aeration capabilities.<br />

The massive grain storage capacity of the <strong>Ranch</strong> has historically allowed the management<br />

to carefully watch grain markets and hold to sell during high demand/high value markets.<br />

This has required patience in waiting for strong grain prices.<br />

The <strong>Ranch</strong> has one substantial alfalfa hay contract in place for 2012. Approximately 1,000<br />

tons of second cutting hay is shipped to Othello, Washington where it is processed and<br />

cubed for shipment to the Pacific Rim. Historically, the <strong>Ranch</strong> has also shipped hay to<br />

CROP PRODUCTION<br />

9<br />

various dairy operations in Southern Idaho. Additional local hay sales occur annually with<br />

neighboring cattle producers. The <strong>Ranch</strong> generally sells between 7,000 to 8,000 tons of hay<br />

annually between direct sales or running it through cattle in the feedlot.<br />

Typically, about 800 to 1,000 acres of hay land is taken out of production and put into<br />

grain on an annual basis as part of the long-term farm plan. After three years of growing<br />

small grains, fields will be planted back into alfalfa production. A comprehensive 2012<br />

<strong>Farm</strong> Plan will be available to well-qualified Prospective Buyers.<br />

IRRIGATION SYSTEMS<br />

The 68 center pivots on the <strong>Ranch</strong> consist of 60 Valley® systems, four Olson Pivot ©<br />

systems, three older Lockwood® systems and a Wade Rain® pivot system. The <strong>Ranch</strong><br />

has transitioned some of the older systems into the Valley® brand which has provided<br />

consistency in maintenance and simplified keeping replacement components for one<br />

type of system. The Olson Pivot © systems were installed in the early 1980s and may need<br />

replacement within the next several years. All irrigation systems and replacement parts<br />

will convey to the Buyer at the Closing of a Sale.<br />

Water is pumped to each of these pivot systems directly from surface sources such as<br />

supply ditches and streams which feed pumping stations. Five of the existing pivot<br />

systems are gravity flow. Electrical pumping costs associated with these systems were<br />

$18.62 per acre in 2010. In general, electrical pumping costs in the Western States will<br />

run between $30.00 and $100.00 per acre annually.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!