2002 FARROW-TO-FINISH HOG PRODUCTION BUDGET 1 15
High Investment
Farrow 8 times per year
Sow and 2 Litters
    ITEM     QUANTITY/UNIT       PRICE PER AMOUNT   YOUR
                         UNIT     BUDGET
RECEIPTS 2
Market Hogs 3 3,360 lb $0.40 /lb $1,344  
Sows 213 lb 0.30 /lb 64  
Non-Breeders 38 lb 0.33 /lb 13  
Boars 14 lb 0.15 /lb 2    
TOTAL RECEIPTS 1423  
VARIABLE COSTS
Feed 4
Corn 180 bu 2.30 /bu 414  
Supplement 2,520 lb 0.12 /lb 302  
Other Feed Item(s)      
TOTAL FEED COSTS 716  
Vet and Med. 24  
Boar Purchase 0.033 boar 400 /boar 13  
Marketing 5 37  
Power and Fuel 58  
Miscellaneous 11  
Int. on Operating Cap. 6 $206 12 mo 9% 19    
TOTAL VARIABLE COSTS 878  
FIXED COSTS
Interest on Sows 7 $200 9% 18  
Labor Charge 16 hours 8.00 /hr 128  
Equipment Charge 8 $590 17.6% 104  
Buildings Charge 8 $2,560 14.7% 376  
Management Charge 5% of gross revenue 71  
TOTAL FIXED COSTS 697  
TOTAL COSTS 1575  
                       
Market Hogs @ $35 $40 $45
RETURN ABOVE VARIABLE COSTS 9       367 545 722
RETURN ABOVE TOTAL COSTS 9 (322) (153) 16
                       
1. Budget for a sow farrowing twice a year using gestation, 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 15
pig per sow average - 0.50 pig saved as replacements and 0.50 pig lost during finishing.
4. Feed conversion (entire herd) = 370 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. Estimated new cost of equipment and buildings per sow and 2 litters assuming sows
are farrowed 8 times per year.
9. All costs except management held constant and total receipts change same percentage as price.