ote
Revenues
Pigs sold 141.5 3 pigs sold a year
Manure collected for fertilizer use 29 Opportunity cost
Expenses
Buy feeder pigs 21.5
Grain and protein meals 13.8 8% of feed
Premixes 2.8 5 Kg total
Labor 65 Normally not included
Vets and drugs 7.3
Others 6.5
Depreciation 2.7
Net income before taxes 50.9
Net income 48.9 3-5% taxes and fees
Net income per pig 16.3
Advantages to be a backyard producer
· Enter or withdraw business to/from pig industry at essentially no cost.
· Production flow is totally adjustable depending on market price.
· Two or three pigs sold per year used to account for 30 to 40 percent cash income for her family but now may be down to only 10 percent.
Disadvantages and constraints
· No leverage power on inputs and products prices.
· Diseases can cause serious problems and losses.
· More difficult to find market and sell pigs due to higher cost of transportation, thus usually receive lower prices.
· Always being a lowest price receiver no matter how much you improved genetics.
· Young generation consider odor a problem and neighbor’s complaints of odor. Decreased interests in pig production by younger generation. Actually, backyard pig production is disappearing in areas around big cities.
· Opportunity cost of labor has been noted and begins to increase.
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