2009 Swine Budgets

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Feeder Pigs, Projected Budget for 2009
Per Sow Per Year

Description of Production: Raise 20 pigs per sow per year, selling at 50 lbs.

                                                           Per Sow
                                                           (12 cwt.)     Your Estimate
ESTIMATED INCOME/SOW
   Feeder pigs sold                                        $1,000        $___________
     (10 cwt. feeder pigs sold/sow x $100 avg. price/cwt.)
   Cull sows sold                                              90         ___________
     (2 cwt. cull sow sold/sow x $45 avg. price/cwt.)     _______
  ESTIMATED TOTAL INCOME (Gross Receipts/Sow)              $1,090        $___________

ESTIMATED OPERATING COSTS
   Feed: Commercial (1,410 lbs. x 23¢)                       $324        $___________
         Grain (2,600 lbs. x 8.4¢)                            218         ___________
                                                          _______
     Total Feed Cost                                         $543        $___________
   Veterinary and medicine                                   $ 45        $___________
   Breeding and replacement gilts                             125         ___________
   Equipment operation, machine hire, and transportation       50         ___________
   Utilities, insurance, and miscellaneous                     60         ___________
   Personal property taxes                                      4         ___________
   Hog facility repair and maintenance                         33         ___________
   Operating interest (1/2 operating costs x 8.5%)             37         ___________
                                                          _______
     Total Operating Costs Except Labor                      $896        $___________
   Estimated labor cost (11 hrs. @ $11.50)                   $127        $___________
                                                          _______
     Total Operating Costs Including Labor                 $1,023        $___________

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                                  $1,191        $___________
________________________________________________________________________________________
          Income over Operating Costs                         $67        $___________
          Income over Total Costs                          - $101        $___________
________________________________________________________________________________________
Prepared by Ron Plain, Extension Economist.
                                                                       Prepared 10/29/08
________________________________________________________________________________________
   

Farrow-Finish Swine, Projected Budget for 2009
Per Sow Per Year

Description of Production: Raise 19 pigs per sow per year, selling at 270 lbs.

                                                           Per Sow
                                                         (53.3 cwt.)     Your Estimate
ESTIMATED INCOME/SOW
   Market hogs sold                                        $2,822        $___________
     (51.3 cwt. mkt. hogs sold/sow x $55.00 avg. price/cwt.)
   Cull sows sold                                              90         ___________
     (2 cwt. cull sow sold/sow x $45.00 avg. price/cwt.)  _______
  ESTIMATED TOTAL INCOME (Gross Receipts/Sow)              $2,912        $___________

ESTIMATED OPERATING COSTS
   Feed: Commercial (3,468 lbs. x 22.5¢)                     $780        $___________
         Grain (13,030 lbs. x 8.4¢)                         1,095         ___________
                                                          _______
     Total Feed Cost                                       $1,875        $___________
   Veterinary and medicine                                   $ 70        $___________
   Breeding and replacement gilts                             125         ___________
   Equipment operation, machine hire, and transportation      105         ___________
   Utilities, insurance, and miscellaneous                     90         ___________
   Personal property taxes                                      5         ___________
   Hog facility repair and maintenance                         70         ___________
   Operating interest (1/2 operating costs x 8.5%)             99         ___________
                                                          _______
     Total Operating Costs Except Labor                    $2,439        $___________
   Estimated labor cost (20 hrs. @ $11.50)                   $230        $___________
                                                          _______
     Total Operating Costs Including Labor                 $2,669        $___________

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                                  $2,940        $___________
________________________________________________________________________________________
          Income over Operating Costs                      $  242        $___________
          Income over Total Costs                        - $   29        $___________
________________________________________________________________________________________
Prepared by Ron Plain, Extension Economist.
                                                                       Prepared 10/29/08
________________________________________________________________________________________
      

Hog Finishing, Projected Budget for 2009
Per Lot of 100 Hogs

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

                                                           Per Lot
                                                          (270 cwt.)     Your Estimate
ESTIMATED INCOME/SOW
   Market hogs sold                                       $14,850       $___________
     (270 cwt. mkt. hogs sold/lot x $55.00 avg. price/cwt.)

ESTIMATED OPERATING COSTS
   Feed: Commercial (12,500 lbs. x 22¢)                    $2,750        $___________
         Grain (51,000 lbs. x 8.4¢)                         4,284         ___________
                                                          _______
     Total Feed Cost                                     $  7,034        $___________
   Purchased pigs (103 head x 50 lbs. x $1)              $  5,150        $___________
   Veterinary and medicine                                    300         ___________
   Livestock materials and services                            25         ___________
   Equipment operation, machine hire, and transportation      480         ___________
   Utilities, insurance, and miscellaneous                    274         ___________
   Personal property taxes                                     22         ___________
   Hog facility repair and maintenance                        150         ___________
   Operating interest (1/5 operating costs x 8.5%)            136         ___________
                                                          _______
     Total Operating Costs Except Labor                   $13,571        $___________
   Estimated labor cost (39 hrs. @ $11.50)                   $449        $___________
                                                          _______
     Total Operating Costs Including Labor                $14,019        $___________

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                                 $14,899        $___________
________________________________________________________________________________________
          Income over Operating Costs                      $  831        $___________
          Income over Total Costs                        - $   49        $___________
________________________________________________________________________________________
Prepared by Ron Plain, Extension Economist.

                                                                       Prepared 10/29/08

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