10
				2002 FEEDER PIG PRODUCTION BUDGET
				Pasture System 1
				Sow and 1 Litter
		ITEM			QUANTITY/UNIT		PRICE PER		AMOUNT		YOUR
							UNIT				BUDGET
RECEIPTS 2
	Pigs				390	lb	$1.00	/lb	$390
	Sows				350	lb	0.30	/lb	105
	Non-Breeders				60	lb	0.33	/lb	20
	Boars				35	lb	0.15	/lb	5
TOTAL RECEIPTS									520
VARIABLE COSTS
	Feed
		Corn			51	bu	2.30	/bu	117
		Supplement			520	lb	0.12	/lb	62
		Other Feed Item(s)
TOTAL FEED COSTS									180
	Vet and Med.								8
	Boar Purchase				0.1	boar	400	/boar	40
	Marketing 3								15
	Power and Fuel								15
	Miscellaneous								11
	Int. on Operating Cap. 4			$127	6	mo	9%		6
TOTAL VARIABLE COSTS									275
FIXED COSTS
	Interest on Sows 5				$125		9%		11
	Labor Charge				6	hours	8.00	/hr	48
	Equipment Charge 6				$250		17.6%		44
	Buildings Charge 6				$200		14.7%		29
	Land Charge 7				0.5	acre	9%		23
	Management Charge				5%	of gross revenue			26
TOTAL FIXED COSTS									181
TOTAL COSTS									456
		Feeder Pigs @			$80	$100	$120
	RETURN ABOVE VARIABLE COSTS 8				141	245	349
	RETURN ABOVE TOTAL COSTS 8				(35)	67	163
1. Budget for a gilt farrowing during summer months using portable shelter, shades, and equipment.
2. 9 pigs weaned, 1.2 pigs saved as replacements, 7.8 pigs sold as 50 lb. feeders.
	Open gilts sold as market hogs at 300 lbs., sows sold at 350 lbs., and boar sold at 350 lbs.
3. Includes $1.60/pig sold, $1.50/cwt of cull breeding stock.
4. 50% of all variable costs, except marketing and interest, for 6 months at 9%.
5. Value of sow and non-breeder.
6. Estimated new costs of equipment and buildings per sow and  litter.
7. Pasture valued at $1000/acre, charge 9%, 2 sows/acre
8. All costs except management held constant and total receipts changed same percentage as price.