Table 6.
The calculated economic impact of an increasing HC, assuming all pigs sold using a fixed-weight model, 130 kg
| Parameter | LCh11 | MCh11 | HCh11 |
|---|---|---|---|
| Production times | |||
| Days on feed1 | 138 | 152 | 165 |
| Days to market2 | 133 | 143 | 148 |
| Production impact | |||
| Total pigs placed, pig | 2,400 | 2,400 | 2,400 |
| Total pigs marketed full value3, pig | 2,141 | 1,932 | 1,694 |
| Live weight produced4, kg | 278,304.00 | 251,160.00 | 220,272.00 |
| Carcass weight produced5, kg | 201,881.72 | 186,059.33 | 162,164.25 |
| Pigs sold secondary market6, pig | 101 | 166 | 77 |
| Economic impact | |||
| Total revenue7, $ | 306,172.58 | 287,504.63 | 245,631.76 |
| Total costs8, $ | 273,712.57 | 276,498.39 | 259,371.08 |
| Net profit9, $ | 32,460.01 | 11,006.24 | (13,739.32) |
| Profit/pig marketed, $ | 15.16 | 5.70 | (8.11) |
| Profit/pig placed, $ | 13.53 | 4.59 | (5.72) |
| Opportunity lost10, $ | – | 21,453.77 | 46,199.33 |
| Loss/pig marketed10, $ | – | 9.47 | 23.27 |
| Loss/pig placed10, $ | – | 8.94 | 19.25 |
1Days on feed = total pig days (including mortality and morbidity) ÷ total pigs marketed full value.
2Average days to market required to achieve the target end body weight.
3Total pigs marketed full value = total pigs placed − (mortality + morbidity + pigs sold to secondary market).
4Live weight produced = total pigs marketed full value × 130 kg.
5Carcass weight produced = live weight produced × % yield.
6Pigs that were considered underweight or cull animals.
7Total revenue = (carcass weight produced × $/kg full-value pig) + (pigs sold secondary market × $/pig secondary market).
8Cost of feeder pig, yardage, veterinarian, trucking, and feed.
9Net profit = total revenue – total costs.
10Comparison of the LCh to the MCh and HCh net profit loss for the total barn and per pig marketed and per pig placed.
11All currency in USD.