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December 2016 29

Pork News & Views

Swine Budget – December 2016

Compiled by the OMAFRA Swine Team

OMAFRA.Livestock@ontario.ca

Income ($/pig)

Farrow to Wean

Nursery

Grow-Finish Farrow to Finish

Market Pig @ 101% of Base Price $126.19/ckg, 110 index, 102.35 kg plus $2 premium

$145.49

Variable Costs ($/pig)

Breeding Herd Feed @ 1,100 kg/sow

$13.31

$14.59

Nursery Feed @ 33.5 kg/pig

$16.64

$17.54

Grower-Finisher Feed @ 278 kg/pig

$82.38

$82.38

Net Replacement Cost for Gilts

$2.36

$2.59

Health (Vet & Supplies)

$2.16

$2.10

$0.45

$5.03

Breeding (A.I. & Supplies)

$1.48

$1.63

Marketing, Grading, Trucking

$0.70

$1.00

$4.66

$6.48

Utilities (Hydro, Gas)

$1.96

$1.15

$1.77

$5.14

Miscellaneous

$1.00

$0.10

$0.20

$1.40

Repairs & Maintenance

$1.18

$0.60

$2.13

$4.05

Labour

$6.27

$1.85

$4.00

$12.83

Operating Loan Interest

$0.23

$0.29

$0.95

$1.51

Total Variable Costs

$30.65

$23.73

$96.54

$155.16

Fixed Costs ($/pig)

Depreciation

$3.92

$2.00

$7.09

$13.50

Interest

$2.20

$1.12

$3.97

$7.56

Taxes & Insurance

$0.78

$0.40

$1.42

$2.70

Total Fixed Costs

$6.90

$3.52

$12.48

$23.76

Summary of Costs ($/pig)

Feed

$13.31

$16.64

$82.38

$114.51

Other Variable

$17.35

$7.09

$14.16

$40.65

Fixed

$6.90

$3.52

$12.48

$23.76

Total Variable & Fixed Costs

$37.55

$27.25

$109.03

$178.93

Summary

Farrow to Wean Feeder Pig

Wean to Finish Farrow to Finish

Total Cost ($/pig)

$37.55

$66.33

$137.74

$178.93

Net Return Farrow to Finish ($/pig)

-$33.44

Farrow to Finish Breakeven Base Price ($/ckg, 100 index) includes 101% Base Price & $2 Premium

$155.59

Farrow to Finish Breakeven Base Price ($/ckg, 100 index) excludes 101% Base Price & $2 Premium

$158.93

This is the estimated accumulated cost for a market hog sold during the month of October 2016. The farrow to wean phase estimates the weaned pig cost for May

2016 and the nursery phase estimates the feeder pig cost for July 2016. For further details, refer to the“2016 Budget Notes”posted at

http://www.omafra.gov.on.ca/

english/livestock/swine/finmark.html.