Swine Budget Shows Loss of $30 per Pig

 

ThePigSite News Desk

August 07, 2008

 

CANADA - The June 2008 budget figures compiled by John Bancroft, Swine Strategies Program Lead at the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) show average income of $138 per pig and costs of over $169.

 

The OMAFRA budget was calculated based on the estimated accumulated cost for a market hog sold in June 2008. The farrow-to-wean phase estimates the weaned pig costs for January 2008, the nursery phase estimates the feeder pig cost for March 2008 and the grow/finish period subsequently. All costs and income figures are in Canadian dollars.

 

Total costs for the farrow-to-wean, nursery and grow-finish phases were $35.90, $24.90 and $103.82, respectively, making a total of $169.23.

 

Feed costs accounted for $12.05, $13.77 and $78.16 for each phase, respectively. At $105.79 in total, feed constituted 62.5% of total costs.

 

Total variable cost per pig was $148.17, while fixed costs (depreciation, interest, tax and insurances) came to $21.06.

 

The income for a market pig weighing 92.03kg was $139.44, while total costs were $169.23, making a net loss per pig of $29.79.

 

Income ($/pig)

 

Farrow to Wean

Nursery

Grow-Finish

Farrow to Finish

Market Pig @ $138.54/ckg, 109.37 index, 92.03 kg

$139.44

 

Variable Costs ($/pig)

Breeding Herd Feed @ 1,100 kg/sow

$12.05

 

 

$13.20

Nursery Feed @ 32.6 kg/pig

 

$13.77

 

$14.43

Grower-Finisher Feed @251 kg/pig

 

 

$78.16

$78.16

Net Replacement Cost for Gilts

$2.75

 

 

$3.01

Health

$1.96

$3.16

$2.25

$7.70

Breeding ( A.I. & Supplies)

$1.41

 

 

$1.54

Marketing

 

 

$3.56

$3.56

Utilities (Hydro, Gas)

$1.96

$1.18

$1.64

$5.02

Miscellaneous

$0.45

$0.15

$0.35

$1.00

Manure Disposal

$0.83

$0.33

$1.13

$2.39

Repairs & Maintenance

$0.70

$0.38

$1.13

$2.29

Labour

$6.96

$1.96

$4.00

$13.67

Operating Loan Interest

$0.44

$0.51

$1.17

$2.18

Total Variable Costs

$29.50

$21.44

$93.39

$148.17

 

Fixed Costs ($/pig)

Depreciation

$3.48

$1.88

$5.67

$11.44

Interest

$2.23

$1.20

$3.63

$7.32

Taxes & Insurance

$0.70

$0.38

$1.13

$2.29

Total Fixed Costs

$6.40

$3.46

$10.43

$21.06

 

Summary of Costs ($/pig)

Feed

$12.05

$13.77

$78.16

$105.79

Other Variable

$17.45

$7.67

$15.23

$42.38

Fixed

$6.40

$3.46

$10.43

$21.06

Total Variable & Fixed Costs

$35.90

$24.90

$103.82

$169.23

 

Summary

Net Return Farrow to Finish ($/pig)

-$29.79

Farrow to Weaned Pig Cost ($/pig)

$35.90

 

Farrow to Feeder Pig Costs ($/pig)

$62.43

 

Wean to Finish Costs ($/pig)

$129.91

 

Farrow to Finish Breakeven Price ($/ckg, 100 index)

$168.13

 

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