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Enterprise Costs

Estimated Cost of Hog Production in Illinois, 2000

FEEDER PIG AND FARROW-TO-FINISH COSTS

Cost for feeder pig production (55 lb. pigs) are shown in the first three columns in Table 3.  Thesecosts are based on nursery costs in Table 1 and farrowing costs in Table 2.

Costs for farrow-to-finish hog production are shown in the last three columns in Table 3.  Thesecosts are based on total finishing costs in Table 1 and farrowing costs in Table 2.

Table 3.  Costs of Feeder Pig and Farrow-to-Finish Production (1).
     
.

Farrow to 55 pound pig  

----- Pigs Sold Per Sow-----

Farrow-to-Finish           

------ Pigs Sold Per Sow ------

Item
18
20
22
18
20
22
 
--------per pig sold --------
    --------per pig sold --------  
   Feed costs (2)
      $20
$19
$19
$54
$53
$52
   Operating costs
16
15
14
22
20
19
   Investment and labor costs
19
18
17
30
28
27
Total costs
$56
$52
$49
$105
$101
$99
 
 
---------- per cwt. sold ----------   
   Feed costs (2)
$21.52
$21.22
$20.97
   Operating costs
$8.61
$8.12
$7.73
   Investment and labor costs
$11.86
$11.25
$10.74
Total costs
$41.99
$40.59
$39.45

(1)  Yearly costs.
(2)  Feed costs based on a 3.0 feed conversion rate from wean-to-finish and feed prices of  $2.40 for corn and $140 for soybean oil meal.  At these prices, each .1 increase (decrease) in the feed conversion rate will increase (decrease) feed costs per pig by about $1.40.  On a per cwt. basis, the $1.40 increase translates into a $.56 increase in per cwt. costs.

  

Department of Agricultural and Consumer Economics    College of Agricultural, Consumer and Environmental Sciences
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