2002 FARROW-TO-FINISH HOG PRODUCTION BUDGET 1											13
Pasture System
Sow and 1 Litter
		ITEM			QUANTITY/UNIT		PRICE PER		AMOUNT		YOUR
							UNIT				BUDGET
RECEIPTS 2
	Market Hogs				1,872	lb	$0.40	/lb	$749
	Sows				350	lb	0.30	/lb	105
	Non-Breeders				60	lb	0.33	/lb	20
	Boars				35	lb	0.15	/lb	5
TOTAL RECEIPTS									879
VARIABLE COSTS
	Feed
		Corn			140	bu	2.30	/bu	322
		Supplement			1,445	lb	0.12	/lb	173
		Other Feed Costs
TOTAL FEED COSTS									495
	Vet and Med.								12
	Boar Purchase				0.1	boar	400	boar	40
	Marketing 3								86
	Power and Fuel								24
	Miscellaneous								15
	Int. on Operating Cap. 4			$293	10	mo	9%		22
TOTAL VARIABLE COSTS									695
FIXED COSTS
	Interest on Sows 5				125		9%		11
	Labor Charge				10	hours	8.00	/hr	80
	Equipment Charge 6				$400		17.6%		70
	Buildings Charge 6				$240		14.7%		35
	Land Charge 7				0.3	acre	9%		27
	Management Charge				5%	of gross revenue			44
TOTAL FIXED COSTS									268
TOTAL COSTS									963
			Market Hogs @			$35	$40	$45
		RETURN ABOVE VARIABLE COSTS 8				74	184	294
		RETURN ABOVE TOTAL COSTS 8				(188)	(84)	21
1. Budget for a gilt farrowing during summer months using portable shelter, shades, and equipment.
2. Market hogs are sold at 240 lbs, open gilts sold at 300 lbs, sows sold at 350 lbs., and boars sold
	at 350 lbs.  9 pigs weaned, 1.2 pigs saved as replacements, and 7.8 sold as market hogs.
3. Includes $2.35 per hog plus $1.50/cwt for cull breeding stock.
4. Half of all costs, except marketing and interest, for 10 months at 9%.
5. Value of sow and nonbreeders.
6. Estimated new cost for buildings, fence, equipment per sow and litter.
7. Rotation pasture, woodlots, etc..., valued at $1000/acre, charged 9%, 3 sows and litters per acre.
8. All costs except management held constant and total receipts changed same percentage price.