2008 Swine Budgets

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Projected Feeder Pig Budget for 2008
Per Sow Per Year

Description of Production: Raise 18 pigs per sow per year, selling at 50 lbs.

                                                           Per Sow
                                                         (10.5 cwt.)     Your Estimate
ESTIMATED INCOME/SOW
   Feeder pigs sold                                          $810        $___________
     (9 cwt. feeder pigs sold/sow x $90 avg. price/cwt.)
   Cull sows sold                                              65         ___________
     (2 cwt. cull sow sold/sow x $32.50 avg. price/cwt.)  _______
  ESTIMATED TOTAL INCOME (Gross Receipts/Sow)                $875        $___________

ESTIMATED OPERATING COSTS
   Feed: Commercial (1,360 lbs. x 18¢)                       $245        $___________
         Grain (2,500 lbs. x 6.5¢)                            162         ___________
                                                          _______
     Total Feed Cost                                         $407        $___________
   Veterinary and medicine                                   $ 40        $___________
   Breeding and replacement gilts                             120         ___________
   Equipment operation, machine hire, and transportation       43         ___________
   Utilities, insurance, and miscellaneous                     55         ___________
   Personal property taxes                                      4         ___________
   Hog facility repair and maintenance                         33         ___________
   Operating interest (1/2 operating costs x 8%)               28         ___________
                                                          _______
     Total Operating Costs Except Labor                      $730        $___________
   Estimated labor cost (11 hrs. @ $11)                      $121        $___________
                                                          _______
     Total Operating Costs Including Labor                   $851        $___________

ESTIMATED OWNERSHIP (FIXED) COSTS
   Real estate interest, depreciation, and taxes             $ 95        $___________
   Interest on breeding herd                                   16         ___________
   Machinery and equip. interest and depreciation              57         ___________
                                                          _______
     Total Fixed Costs                                       $168        $___________

ESTIMATED TOTAL COSTS/SOW                                  $1,019        $___________
________________________________________________________________________________________
          Income over Operating Costs                         $24        $___________
          Income over Total Costs                          - $144        $___________
________________________________________________________________________________________
Prepared by Ron Plain, Extension Economist.

      

Projected Farrow-Finish Swine Budget for 2008
Per Sow Per Year

Description of Production: Raise 18 pigs per sow per year, selling at 270 lbs.

                                                           Per Sow
                                                         (50.6 cwt.)     Your Estimate
ESTIMATED INCOME/SOW
   Market pigs sold                                        $2,114        $___________
     (48.6 cwt. mkt. pigs sold/sow x $43.50 avg. price/cwt.)
   Cull sows sold                                              65         ___________
     (2 cwt. cull sow sold/sow x $32.50 avg. price/cwt.)  _______
  ESTIMATED TOTAL INCOME (Gross Receipts/Sow)              $2,179        $___________

ESTIMATED OPERATING COSTS
   Feed: Commercial (3,335 lbs. x 18¢)                       $600        $___________
         Grain (12,530 lbs. x 6.5¢)                           814         ___________
                                                          _______
     Total Feed Cost                                       $1,414        $___________
   Veterinary and medicine                                   $ 60        $___________
   Breeding and replacement gilts                             120         ___________
   Equipment operation, machine hire, and transportation       95         ___________
   Utilities, insurance, and miscellaneous                     85         ___________
   Personal property taxes                                      5         ___________
   Hog facility repair and maintenance                         70         ___________
   Operating interest (1/2 operating costs x 8%)               74         ___________
                                                          _______
     Total Operating Costs Except Labor                    $1,923        $___________
   Estimated labor cost (22 hrs. @ $11)                      $220        $___________
                                                          _______
     Total Operating Costs Including Labor                 $2,143        $___________

ESTIMATED OWNERSHIP (FIXED) COSTS
   Real estate interest, depreciation, and taxes            $ 165        $___________
   Interest on breeding herd                                   16         ___________
   Machinery and equip. interest and depreciation              90         ___________
                                                          _______
     Total Fixed Costs                                       $271        $___________

ESTIMATED TOTAL COSTS/SOW                                  $2,414        $___________
________________________________________________________________________________________
          Income over Operating Costs                      $   36        $___________
          Income over Total Costs                        - $  235        $___________
________________________________________________________________________________________
Prepared by Ron Plain, Extension Economist.
      

Projected Hog Finishing Budget for 2008
Per Lot of 100 Hogs

Description of Production: Purchase 103 hd. of 50 lb. pigs, sell 100 hd.of 270 lb. market hogs.

                                                           Per Sow
                                                          (270 cwt.)     Your Estimate
ESTIMATED INCOME/SOW
   Market hogs sold                                       $11,925       $___________
     (270 cwt. mkt. hogs sold/lot x $45.50 avg. price/cwt.)

ESTIMATED OPERATING COSTS
   Feed: Commercial (12,750 lbs. x 18¢)                    $2,295        $___________
         Grain (52,000 lbs. x 6.5¢)                         3,380         ___________
                                                          _______
     Total Feed Cost                                     $  5,675        $___________
   Purchased pigs (103 head x 50 lbs. x 90¢)             $  4,635        $___________
   Veterinary and medicine                                    300         ___________
   Livestock materials and services                            25         ___________
   Equipment operation, machine hire, and transportation      410         ___________
   Utilities, insurance, and miscellaneous                    250         ___________
   Personal property taxes                                     22         ___________
   Hog facility repair and maintenance                        150         ___________
   Operating interest (1/5 operating costs x 8%)              105         ___________
                                                          _______
     Total Operating Costs Except Labor                   $11,572        $___________
   Estimated labor cost (40 hrs. @ $11)                      $440        $___________
                                                          _______
     Total Operating Costs Including Labor                $12,012        $___________

ESTIMATED OWNERSHIP (FIXED) COSTS
   Real estate interest, depreciation, and taxes            $ 545        $___________
   Machinery and equip. interest and depreciation             335         ___________
                                                          _______
     Total Fixed Costs                                       $880        $___________

ESTIMATED TOTAL COSTS/LOT                                 $12,892        $___________
________________________________________________________________________________________
          Income over Operating Costs                    - $  267        $___________
          Income over Total Costs                        - $1,147        $___________
________________________________________________________________________________________
Prepared by Ron Plain, Extension Economist.
      

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