| 2002 FEEDER PIG PRODUCTION BUDGET 1 |
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11 |
| Low Investment
Facilities |
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| Farrow 6 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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Pigs
3 |
|
669 |
lb |
$1.00 |
/lb |
$669 |
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Sows |
|
213 |
lb |
0.30 |
/lb |
64 |
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Non-Breeders |
|
43 |
lb |
0.33 |
/lb |
14 |
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Boars |
|
21 |
lb |
0.15 |
/lb |
3 |
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| TOTAL
RECEIPTS |
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750 |
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| VARIABLE
COSTS |
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Feed |
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Corn |
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57 |
bu |
2.30 |
/bu |
131 |
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Supplement |
|
800 |
lb |
0.12 |
/lb |
96 |
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Other Feed Item(s) |
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| TOTAL
FEED COSTS |
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227 |
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Vet and Med. |
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21 |
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Boar Purchase |
|
0.05 |
boar |
400 |
/boar |
20 |
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Marketing 4 |
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26 |
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Power and Fuel |
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49 |
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Miscellaneous |
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9 |
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Int. on Operating Cap. 5 |
|
$82 |
12 |
mo |
9% |
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7 |
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| TOTAL
VARIABLE COSTS |
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359 |
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| FIXED
COSTS |
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Interest on Sows 6 |
|
$200 |
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9% |
|
18 |
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Labor Charge |
|
10 |
hours |
8.00 |
/hr |
80 |
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Equipment Charge 7 |
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$275 |
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17.6% |
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48 |
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Buildings Charge 7 |
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$625 |
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14.7% |
|
92 |
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Management Charge |
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5% |
of gross revenue |
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38 |
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| TOTAL
FIXED COSTS |
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276 |
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| TOTAL
COSTS |
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635 |
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Feeder Pigs @ |
$80 |
$100 |
$120 |
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RETURN ABOVE VARIABLE
COSTS 9 |
241 |
391 |
541 |
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RETURN ABOVE TOTAL COSTS 9 |
(27) |
115 |
258
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| 1. Budget for a sow farrowing twice a year using farrowing and nursery facilities. |
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| 2. Feeder pigs are sold at 50 lbs. A sow lasts
for 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, |
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leading to a 14.0 pig per sow average - 0.50 pig saved as replacement. |
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| 4. Includes $1.60/pig sold, $1.50/cwt of cull breeding stock. |
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| 5. 25% of all variable costs, except marketing and interest, for 12 months at 9%. |
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| 6. Includes sow at $150 and 50% of a gilt at $100. |
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| 7. Estimated new costs of equipment and buildings per sow and 2 litters |
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assuming sows are farrowed 6 times per year. |
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| 8. Pasture valued at $1000/acre, charge 9%, 10 sows/acre |
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| 9. All costs except management held constant and total receipts changed same percentage
as price. |
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