scription of Ms. Yan’s 2-pig Farm.
Items Note
1. Feeder Pigs- bought from local bazaars at about 15 to 23 Kg and about $0.85/Kg 2- or 3-way crossbred. Pay can be deferred as short-term debt.
2. Feed- only about 10% of the feed is grain, protein meals, and premixes; others are food residues with no cost. Only feed little grain at early and late stage.
3. Days to market- about 200 days from 20 Kg to 65 Kg.
4. Market pigs- sold to dealers or on local bazaars. Live weight price varies from $0.65 to $0.80/Kg in 2002.
5. Manure- stored in a open pit for field application Considered to have value
6. Labor & Vets- time used for buying and selling pigs and cleaning; vets and drugs cost about $10 per pig. No opportunity cost for labor included
TTable 2. Consolidated Balance Sheet of Ms. Yan’s 2-pig Operation,
June 30, 2002
Items Amount, USD Items Amount, USD
Assets Liability
Current
Cash for feed and vets 42 Short term debt for feeder pigs 19
4% premix and other feed in store 9 Taxes payable 4
Fixed
Pig shed, trough, and tools 133
Pigs 77
Total equity 238
Table 3. Estimated Consolidated Income Statement of Ms. Yan’ 2-pig Operation, December 31,2002
Items Amount, USD N
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