24 June 2016
Pork News & Views
Swine Budget – April 2016
Compiled by OMAFRA Livestock
OMAFRA.Livestock@ontario.caIncome ($/pig)
Farrow to Wean
Nursery
Grow-Finish Farrow to Finish
Market Pig @ 101% of Base Price $155.57/ckg, 110 index, 102.19 kg plus $2 premium
$178.62
Variable Costs ($/pig)
Breeding Herd Feed @ 1,100 kg/sow
$13.74
$15.07
Nursery Feed @ 33.5 kg/pig
$15.54
$16.38
Grower-Finisher Feed @ 277 kg/pig
$80.47
$80.47
Net Replacement Cost for Gilts
$1.79
$1.96
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
$0.28
$0.92
$1.48
Total Variable Costs
$30.52
$22.62
$94.60
$151.91
Fixed Costs ($/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
$13.74
$15.54
$80.47
$111.91
Other Variable
$16.78
$7.08
$14.13
$40.00
Fixed
$6.90
$3.52
$12.48
$23.76
Total Variable & Fixed Costs
$37.42
$26.14
$107.08
$175.67
Summary
Farrow to Wean Feeder Pig
Wean to Finish Farrow to Finish
Total Cost ($/pig)
$37.42
$65.09
$134.63
$175.67
Net Return Farrow to Finish ($/pig)
$2.95
Farrow to Finish Breakeven Base Price ($/ckg, 100 index) includes 101% Base Price & $2 Premium
$152.97
Farrow to Finish Breakeven Base Price ($/ckg, 100 index) excludes 101% Base Price & $2 Premium
$156.28
This is the estimated accumulated cost for a market hog sold during the month of April 2016. The farrow to wean phase estimates the weaned pig cost for November
2015 and the nursery phase estimates the feeder pig cost for January 2016. For further details, refer to the“2016 Budget Notes”posted at
http://www.omafra.gov.
on.ca/english/livestock/swine/finmark.html.