2002 FARROW-TO-FINISH HOG PRODUCTION BUDGET 1											14
Low Investment
Farrow 6 times per year
Sow and 2 Litters
		ITEM			QUANTITY/UNIT		PRICE PER		AMOUNT		YOUR
							UNIT				BUDGET
RECEIPTS 2
		Market Hogs 3			3,120	lb	$0.40	/lb	$1,248
		Sows			213	lb	0.30	/lb	64
		Non-Breeders			43	lb	0.33	/lb	14
		Boars			21	lb	0.15	/lb	3
TOTAL RECEIPTS									1329
VARIABLE COSTS
	Feed 4
		Corn			177	bu	2.30	/bu	407
		Supplement			2,480	lb	0.12	/lb	298
		Other Feed Item(s)
TOTAL FEED COSTS									705
	Vet and Med.								30
	Boar Purchase				0	boar	400	boar	20
	Marketing 5								35
	Power and Fuel								55
	Miscellaneous								42
	Int. on Operating Cap. 6			$213	12	mo	9%		19
TOTAL VARIABLE COSTS									906
FIXED COSTS
	Interest on Sows 7				$200		9%		18
	Labor Charge				19	hours	8.00	/hr	152
	Equipment Charge 8				$440		17.6%		77
	Buildings Charge 8				$1,920		14.7%		282
	Management Charge				5%	of gross revenue			66
TOTAL FIXED COSTS									596
TOTAL COSTS									1502
			Market Hogs @			$35	$40	$45
		RETURN ABOVE VARIABLE COSTS 9				258	424	590
		RETURN ABOVE TOTAL COSTS 9				(330)	(172)	(15)
1. Budget for a sow farrowing twice a year using, farrowing, nursery, and finishing building.
2. Market hogs are sold at 240 lbs.  A sow lasts 4 litters and weighs 425 lbs. when sold.
	Non-breeders are sold at 300 lbs. and boars are sold at 425 lbs.
3. Production records show that a portion of the sows exposed do not have two litters, leading to a
	14 pig per sow average - 0.50 pig saved as replacements and 0.50 pig lost during finishing.
4. Feed conversion (entire herd) = 390 lbs feed/ cwt. of gain of market hogs
5. Includes $2.35 per hog sold, $1.50 per cwt. for cull breeding stock.
6. 25% of all variable costs except marketing and interest for 12 months at 9%.
7. Includes a sow at $150 and 50% of a gilt at $100
8. Est. new cost of equip. and build. per sow and 2 litters assuming sows are farrowed 8 times/year.
9. All costs except management held constant and total receipts