Swine Budget Shows Loss of $30 per Pig
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 C$138 per pig and costs of over C$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 C$35.90, C$24.90 and C$103.82, respectively, making a total of CC$169.23.
Feed costs accounted for CC$12.05, CC$13.77 and CC$78.16 for each phase, respectively. At C$105.79 in total, feed constituted 62.5% of total costs.
Total variable cost per pig was C$148.17, while fixed costs (depreciation, interest, tax and insurances) came to C$21.06.
The income for a market pig weighing 92.03kg was C$139.44, while total costs were C$169.23, making a net loss per pig of C$29.79.
Costs per phase of production | Farrow to Wean | Nursery | Grow-Finish | Farrow to Finish |
---|---|---|---|---|
Income (C$/pig) | ||||
Market Pig @ C$138.54/ckg, 109.37 index, 92.03 kg | C$139.44 | |||
Variable Costs (C$/pig) | ||||
Breeding Herd Feed @ 1,100 kg/sow | C$12.05 | C$13.20 | ||
Nursery Feed @ 32.6 kg/pig | C$13.77 | C$14.43 | ||
Grower-Finisher Feed @251 kg/pig | C$78.16 | C$78.16 | ||
Net Replacement Cost for Gilts | C$2.75 | C$3.01 | ||
Health | C$1.96 | C$3.16 | C$2.25 | C$7.70 |
Breeding (A.I. & Supplies) | C$1.41 | C$1.54 | ||
Marketing | C$3.56 | C$3.56 | ||
Utilities (Hydro, Gas) | C$1.96 | C$1.18 | C$1.64 | C$5.02 |
Miscellaneous | C$0.45 | C$0.15 | C$0.35 | C$1.00 |
Manure Disposal | C$0.83 | C$0.33 | C$1.13 | C$2.39 |
Repairs & Maintenance | C$0.70 | C$0.38 | C$1.13 | C$2.29 |
Labour | C$6.96 | C$1.96 | C$4.00 | C$13.67 |
Operating Loan Interest | C$0.44 | C$0.51 | C$1.17 | C$2.18 |
Total Variable Costs | C$29.50 | C$21.44 | C$93.39 | C$148.17 |
Fixed Costs (C$/pig) | ||||
Depreciation | C$3.48 | C$1.88 | C$5.67 | C$11.44 |
Interest | C$2.23 | C$1.20 | C$3.63 | C$7.32 |
Taxes & Insurance | C$0.70 | C$0.38 | C$1.13 | C$2.29 |
Total Fixed Costs | C$6.40 | C$3.46 | C$10.43 | C$21.06 |
Summary of Costs (C$/pig) | ||||
Feed | C$12.05 | C$13.77 | C$78.16 | C$105.79 |
Other Variable | C$17.45 | C$7.67 | C$15.23 | C$42.38 |
Fixed | C$6.40 | C$3.46 | C$10.43 | C$21.06 |
Total Variable & Fixed Costs | C$35.90 | C$24.90 | C$103.82 | C$169.23 |
Summary | ||||
Net Return Farrow to Finish (C$/pig) | -C$29.79 | |||
Farrow to Weaned Pig Cost (C$/pig) | C$35.90 | |||
Farrow to Feeder Pig Costs (C$/pig) | C$62.43 | |||
Wean to Finish Costs (C$/pig) | C$129.91 | |||
Farrow to Finish Breakeven Price (C$/ckg, 100 index) | C$168.13 |