Better Pork - October 2016

29 / 40

October 2016 29
Pork News & Views
Swine Budget – August 2016
Compiled by the OMAFRA Swine Team
Income ($/pig) Farrow to Wean Nursery Grow-Finish Farrow to Finish
Market Pig @ 101% of Base Price $160.74/ckg, 110 index, 100.44 kg plus $2 premium $181.37
Variable Costs ($/pig)
Breeding Herd Feed @ 1,100 kg/sow $13.19 $14.47
Nursery Feed @ 33.5 kg/pig $15.77 $16.62
Grower-Finisher Feed @ 271 kg/pig $84.91 $84.91
Net Replacement Cost for Gilts $2.26 $2.48
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 $0.95 $1.51
Total Variable Costs $30.44 $22.86 $99.08 $156.55
Fixed Costs ($/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 $13.19 $15.77 $84.91 $116.00
Other Variable $17.25 $7.08 $14.17 $40.55
Fixed $6.90 $3.52 $12.48 $23.76
Total Variable & Fixed Costs $37.35 $26.38 $111.56 $180.31
Summary Farrow to Wean Feeder Pig Wean to Finish Farrow to Finish
Total Cost ($/pig) $37.35 $65.25 $139.35 $180.31
Net Return Farrow to Finish ($/pig) $1.06
Farrow to Finish Breakeven Base Price ($/ckg, 100 index) includes 101% Base Price & $2 Premium $159.79
Farrow to Finish Breakeven Base Price ($/ckg, 100 index) excludes 101% Base Price & $2 Premium $163.20
This is the estimated accumulated cost for a market hog sold during the month of August 2016. The farrow to wean phase estimates the weaned pig cost for March
2016 and the nursery phase estimates the feeder pig cost for May 2016. For further details, refer to the“2016 Budget Notes”posted at
english/livestock/swine/finmark.html.