Sodville Farms Matthew Macha Summer 2014 Internship Headquartered - PowerPoint PPT Presentation

Sodville Farms Matthew Macha Summer 2014 Internship

• Headquartered in Odem, TX • Owner Andrew Miller owned approximately 20 miles North of approximately 2,500 acres the rest Corpus Christi was custom farmed • 11,000 acre custom farming • Sodville Farms consisted of operation owner/manager, a foreman, and • 5,500 acres cotton six hired laborers • 5,500 acres grain sorghum

• Drove Tractors • Diagnose and repair equipment • Learned to operate John Deere malfunctions • Learned the basics of growing, picker baler • Sprayed turn rows maintaining, and harvesting • Learned how to calibrate GPS cotton

• South African Food • Afrikaans

• Return On Investment (ROI) • Marketing • Budgeting • Buying/ Leasing Equipment • Efficiency losses

Return on Investment for a GPS System Acres 1000 Avg Yield of Grain 4500 lbs/acre Sorghum For a farmer farming one thousand acres of grain sorghum, Price of Grain Sorghum $8/cwt purchasing a new gps system costing $15000 can be a hard choice Yield Loss sustained to make if you do not know if it will pay, but being able to 6% when GPS is not used calculate your Returns On Investment (ROI) can make this easier Cost of GPS $15,000 to comprehend. If the gps system cost $15,000 and you increases your yield by 6% becasue you will damage less crops while running your rotary hoe then your gains will be $21,600. That is with an average of 4500 pounds per acre and a selling price of $8. ROI= (Gain From Investment- Cost of This will give the farmer returns of 44% on his investment. Investment)/ Cost of Investment Gain From Investment 21600 Cost of Investment 15000 ROI 44%

Efficiency Loss Acres Per Day 250 Extra Hours to Complete Harvest 53 Hours per Day 10 Extra Cost to run Combines $ 7,950.00 Acres Per Hour 25 Have to pay 6 employees 5 extra hours for 5 extra days in order to Cost Per Hour For Lease 150 $ 1,575.00 get a 10 hour work day on combines Acres 7500 Total Loss if Combines are not run $ 9,525.00 efficiently Efficiency Loss 15% Acres Loss per hour 3.75 when running together Hours to Cut 7500 Acres 300 When Seperated Hours to Cut 7500 Acres 353 When Together

• Futures and Options AGEC 448 • Keeping the company from being • Finding your Competitive Advantage sued by using different forms of • Efficiency AGEC 217 consent and disposing of chemicals • Budgeting AGEC 424/425 properly AG Law • Different policies and their impacts • Communication skills AGEC 315 on our operation AG Policy

• Spanish

• Definitely was a plus • Will continue to pursue this career in the future

Questions?