Summary of the Farrow to Finish Swine Enterprise Budgets - 2012 to 2017

The Swine Enterprise Budgets provide a guide to determining the costs of production for a swine enterprise. The cost figures are estimates based on information from a variety of sources within the Ontario industry. They are not obtained from an actual survey. Monthly budgets are calculated based on the current market hog and feed prices to provide an indication of the trend of income and expenses. Individual farm figures will vary depending on the resources, management, production, market conditions, risk, and financial arrangements!

  2012 2013 2014 2015
2016
2017
Market Hog Value $168.39 $183.85 $237.53 $185.77
$177.69
$192.40
Feed Costs $127.77 $128.21 $117.75 $115.72
$113.95
$113.10
Other Variable Costs $37.71 $39.49 $37.80 $38.44
$40.43
$43.51
Fixed Costs $20.85 $20.74 $21.92 $21.92
$23.76
$23.76
Total Cost per Pig $186.33 $188.45 $177.46 $176.07
$178.14
$180.38
Net Return -$17.94 -$4.60 $60.07 $9.70
-$0.45
$12.02

Calculated Return Over Feed Costs (Market Hog Value less Feed Costs)

 
  2012 2013 2014 2015 2016 2017
$ per pig $40.62 $55.64 $119.79 $70.05
$63.74
$79.30

Calculated Breakeven Prices

 
  2012 2013 2014 2015 2016 2017
Variable Costs $151.93 $152.31 $136.82 $134.21
$134.50
$136.10
Total Costs $171.31 $171.38 $156.35 $153.54
$155.47
$157.02

Market Information

 
  2012 2013 2014 2015 2016 2017
Dressed Weight 96.85 97.92 101.01 102.04
101.98
102.26
Market Index 110.00 110.00 110.00 110.00
110.00
110.00
Market Price (100% FP) $154.64 $167.16 $209.88 $163.00
$163.00
$167.73
Corn (FOB Huron, $/tonne) $259.01 $222.10 $173.80 $183.66
$181.87
$179.99
Corn (W. Ont. Feed, $/tonne) $276.25 $237.94 $192.90 $198.19
$197.47
$196.42
Soybean Meal $523.97 $564.72 $641.85 $528.25
$520.26
$488.81
U.S. Reference Price $85.43 $89.65 $105.28 $70.36
$64.97
$71.48
Canadian Dollar Value $1.0004 $0.9711 $0.9061 $0.7837
$0.7548
$0.7708
Prime Interest Rate 3.00% 3.00% 3.00% 2.71%
2.70%
2.90%

January/February 2010 Newsletter Articles


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