| 2002 FARROW-TO-FINISH HOG PRODUCTION BUDGET 1 |
15 |
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| Farrow 8 times per
year |
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| Sow and 2 Litters |
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ITEM |
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QUANTITY/UNIT |
PRICE PER |
AMOUNT |
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YOUR |
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UNIT |
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BUDGET |
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| RECEIPTS
2 |
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Market Hogs 3 |
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3,360 |
lb |
$0.40 |
/lb |
$1,344 |
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Sows |
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213 |
lb |
0.30 |
/lb |
64 |
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Non-Breeders |
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38 |
lb |
0.33 |
/lb |
13 |
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Boars |
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14 |
lb |
0.15 |
/lb |
2 |
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| TOTAL
RECEIPTS |
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1423 |
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| VARIABLE
COSTS |
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Feed 4 |
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Corn |
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180 |
bu |
2.30 |
/bu |
414 |
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Supplement |
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2,520 |
lb |
0.12 |
/lb |
302 |
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Other Feed Item(s) |
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| TOTAL
FEED COSTS |
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716 |
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Vet and Med. |
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24 |
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Boar Purchase |
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0.033 |
boar |
400 |
/boar |
13 |
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Marketing 5 |
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37 |
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Power and Fuel |
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58 |
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Miscellaneous |
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11 |
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Int. on Operating Cap. 6 |
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$206 |
12 |
mo |
9% |
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19 |
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| TOTAL
VARIABLE COSTS |
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878 |
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| FIXED
COSTS |
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Interest on Sows 7 |
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$200 |
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9% |
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18 |
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Labor Charge |
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16 |
hours |
8.00 |
/hr |
128 |
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Equipment Charge 8 |
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$590 |
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17.6% |
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104 |
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Buildings Charge 8 |
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$2,560 |
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14.7% |
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376 |
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Management Charge |
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5% |
of gross revenue |
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71 |
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| TOTAL
FIXED COSTS |
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697 |
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| TOTAL
COSTS |
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1575 |
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Market Hogs @ |
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$35 |
$40 |
$45 |
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RETURN ABOVE VARIABLE COSTS 9 |
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367 |
545 |
722 |
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RETURN ABOVE TOTAL COSTS 9 |
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(322) |
(153) |
16
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| 1. Budget for a sow farrowing twice a year using gestation, farrowing, nursery, and
finishing building. |
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| 2. Market hogs are sold at 240 lbs. A sow lasts
4 litters and weighs 425 lbs. when sold.
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Non-breeders are sold at 300 lbs. and boars are sold at 425 lbs. |
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| 3. Production records show that a portion of the sows exposed do not have two litters,
leading to a 15 |
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pig per sow average - 0.50 pig saved as replacements and 0.50 pig lost
during finishing. |
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| 4. Feed conversion (entire herd) = 370 lbs feed/ cwt. of gain of market hogs |
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| 5. Includes $2.35 per hog sold, $1.50 per cwt. for cull breeding stock. |
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| 6. 25% of all variable costs except marketing and interest for 12 months at 9%. |
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| 7. Includes a sow at $150 and 50% of a gilt at $100 |
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| 8. Estimated new cost of equipment and buildings per sow and 2 litters assuming sows |
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are farrowed 8 times per year. |
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| 9. All costs except management held constant and total receipts change same percentage
as price. |
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