Blosser, R. H.

Bowen, C. C.

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TOP PRICES THAT AN AVERAGE FARMER CAN PAY FOR FEEDER PIGS AND STILL BREAK EVEN (An average commercial hog feeder raises a 40-lb. pig to 215 lbs. on 4 lbs. of feed per pound of pork produced. Other major costs per pig include $2 for labor, $2.55 for buildings and equipment, and $.45 for hiring feed ground and processed.) Selling Price for Price Per Head When Pig Weighs2 Price Per Hundredweight When Pig Weighs Price of Corn per Bushel 100 lbs. of 40 lbs. Live Hogsl 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. 40 lbs. 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. $ .90 .90 .90 .90 .90 .90 l.00 1.00 l.00 l.00 l.00 1.00 l. 10 1.10 1.10 l.10 1.10 l. l 0 l.20 1.20 l.20 l.20 l.20 l.20 l.30 l.30 l.30 l.30 1.30 l.30 $14 16 18 20 22 24 14 16 18 20 22 24 14 16 18 20 22 24 14 16 18 20 22 24 14 16 18 20 22 24 9.25 13.25 17.50 21 .50 25.75 30.00 8.00 12.25 16.25 20.50 24.75 28.75 7.00 11 .00 15.25 19.25 23.50 27.75 5.75 10.00 14.00 18.25 22.50 26.50 4.75 8.75 13.00 17.25 21.25 25.50 10.00 14.25 18.50 22.50 26.75 30.75 9.00 13.25 17.25 21.50 25.50 29.75 8.00 12.00 16.25 20.50 24.50 28.75 7.00 11.00 15.25 19.25 23.50 27.50 5.75 10.00 14.00 18.25 22.50 26.50 1 Af ter marketing costs are deducted. 11.25 15.25 19.50 23.50 27.75 32.00 10.00 14.25 18.50 22.50 26.75 30.75 9.00 13.25 17.50 21.50 25.75 29.75 8.00 12.25 16.25 20.50 24.75 28.75 7.00 11.25 15.25 19.50 23.75 27.75 2 Based on seller paying vaccination charges. 13.25 17.25 21.50 25.75 29.75 34.00 12.25 16.50 20.50 24.75 29.00 33.00 11 .25 15.50 19.75 23.75 28.00 32.25 10.50 14.50 18.75 23.00 27.00 31 .25 9.50 13.75 17.75 22.00 26 .25 30.25 15.00 19.25 23.50 27.75 31.75 36.00 14.25 18.50 22.75 26.7.5 31 .00 35.25 13.50 17.75 21.75 26.00 30.25 34.50 12.75 17.00 21.00 25.25 29.50 33.50 12.00 16.00 20.25 24.50 28.50 32.75 17.25 21.50 25 .50 29.75 34.00 38.25 16.50 20.75 25.00 29.00 33.25 37.50 15.75 20.00 24.25 28.50 32.75 36.75 15.25 19.25 23.50 27.75 32.00 36.25 14.50 18.75 23.00 27.00 31.25 35.50 23.00 33.00 43.75 53.75 64.25 75.00 20.00 30.50 40.50 51.25 61.75 71.75 17.50 27.50 38.00 48.00 58.75 69.25 14.25 25.00 35.00 45.50 56.25 66.25 11.75 21.75 32.50 43.00 53.00 63.75 20.00 28.50 37.00 45.00 53.50 61 .50 18.00 26.50 34.50 43.00 51.00 59.50 16.00 24.00 32.50 41.00 49.00 57.50 14.00 22.00 30.50 38.50 47.00 55.00 11.50 20.00 28.00 36.50 45.00 53.00 18.75 25.50 32.50 39.25 46.25 53.25 16.75 23.75 30.75 37.50 44.50 51.25 15.00 22.00 29.25 35.75 43.00 49.50 13.25 20.50 27.00 34.25 41 .25 48.00 11.75 18.75 25.50 32.50 39.50 46.25 16.50 21.50 26.75 32.25 37.25 42.50 15.25 20.50 25.50 31 .00 36.25 41 .25 14.00 19.25 24.75 29.75 35.00 40.25 13.00 18.00 23.50 28.75 33.75 39.00 11.75 17.25 22.25 27.50 32.75 37.75 15.00 19.25 23.50 27.75 31.75 36.00 14.25 18.50 22.75 26.75 31.00 35.25 13.50 17.75 21.75 26.00 30.25 34.50 12.75 17.00 21.00 25.25 29.50 33.50 12.00 16.00 20.25 24.50 28.50 32.75 14.25 18.00 21 .25 24.75 28.25 31.75 13.75 17.25 20.75 24.25 27.75 31.25 13.00 16.75 20.25 23.75 27.25 30.50 12.75 16.00 19.50 23 .00 26.75 30.25 12.00 15.50 19.25 22.50 26.00 29.50 Example of How To Use Above Table: When corn is worth $1.00 a bushel and slaughter hogs bring $16 per hun-dred pounds after marketing costs are deducted, an average far mer can pay up to $12.25 a head for a 40 pound pig and $16.50 for an 80 pound pig and still break even. If he wants to make a certain profit per pig after all cost s are paid, he will have to deduct this amount from each price shown in the table. November 1965 WHAT TO PAY For FEEDER PIGS L-128 Top Prices a Farmer Can Pay and Still Break Even for - 2 Levels of Management - 5 Prices for Corn - 6 Selling Prices for Slaughter Hogs - 6 Weights of Feeder Pigs COOPERATIVE EXTENSION SERVICE THE OHIO STATE UNIVERSITY What to Pay for Feeder Pigs R. H. BLOSSER and C. C. BOWEN Department of Agricultural Economics and Rural Sociology OHIO AGRICULTURAL RESEARCH AND DEVELOPMENT CENTER and OHIO COOPERATIVE EXTENSION SERVICE Figures in the table at the right show the highest prices an above average farmer can pay for feeder pigs under varying conditions and still break even. These prices will enable such a farmer to pay all costs, which include a charge for depreciation of buildings and equipment, a charge of $1.50 an hour for all labor used, and a charge of 5 per cent interest on the current value of all capital invested in feeding the pig to 215 pounds. If an above average farmer wants higher re-turns for labor and capital or wants to make a profit on each pig after he pays all costs, he will have to pay less than the prices shown in the table. Figures in the table on the opposite side of this sheet show the highest prices an average farmer can pay for feeder pigs and still pay all costs of raising the pigs to 215 pounds. An average farmer cannot afford to pay as much for a feeder pig as an above average farmer because of his higher costs. However, if an average farmer is willing to take less than $1.50 an hour for labor or less than 5 per cent on the capital invested, he can pay slightly more for a feeder pig than the calculated prices and still break even. On the other hand, if he wants to make a certain profit per pig after all costs are paid, he will have to deduct this amount from each price shown in the table. A below average farmer may have considerable difficulty buying pigs at prices low enough to make the feeding-out process profitable, even if he accepts low returns on the labor and capital used. Pig prices were determined in both tables by sub-tracting the cost of raising the pig after it was purchased from the selling price of a 215-pound slaughter hog after marketing costs were deducted. These feeder pig prices were calculated from 148 cost records kept by commercial hog farmers in west central Ohio in 1962 and 1963. 11/65-8M Ag. Econ. 390 The Ohio State University cooperating with the U. S. Department of Agriculture. Cooperative Extension Service, Roy M. Kottman, Director, Columbus, Ohio 43210. Printed and distributed in furtherance of Acts of May 8 and June 30, 1914. TOP PRICES THAT AN ABOVE AVERAGE FARMER CAN PAY FOR FEEDER PIGS AND STILL BREAK EVEN (An above average feeder raises a 40 lb. pig to 215 lbs. on 3.5 lbs. of feed per pound of pork produced. Other major costs per pig include $1.60 for labor, $1.85 for buildings and equipment, and $.32 for hiring feed ground and processed.) Selling Price for Price Per Head When Pig Weighs2 Price Per Hundredweight When Pig Weighs Price of Corn per Bushel 100 lbs. of 40 lbs. Live Hogs1 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. 40 lbs. 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. $ .90 .90 .90 .90 .90 .90 1.00 1.00 1.00 1.00 1.00 1.00 1.10 1.10 1.10 1.10 1.10 1.10 1.20 1.20 1.20 1.20 1.20 1.20 1.30 1.30 1.30 1.30 1.30 1.30 $14 16 18 20 22 24 14 16 18 20 22 24 14 16 18 20 22 24 14 16 18 20 22 24 14 16 18 20 22 24 12.25 16.25 20.50 24.75 28.75 33.00 11.25 15.25 19.50 23.75 27.75 32.00 10.25 14.50 18.50 22.75 26.75 31.00 9.25 13.50 17.50 21.75 25.75 30.00 a.25 12.50 16.50 20.75 25.00 29.00 13.00 17.00 21.25 25.50 29.50 33.75 12.00 16.25 20.25 24.50 28.75 32.75 11.00 15.25 19.50 23.50 27.75 31.75 10.25 14.25 18.50 22.50 26.75 31.00 9.25 13.25 17.50 21.75 25.75 30.00 1 After marketing costs are deducted. 13.75 18.00 22.25 26.25 30.50 34.50 13.00 17.00 21.25 25.50 29.50 33.75 12.00 16.25 20.25 24.50 28.75 32.75 11.25 15.25 19.50 23.50 27.75 32.00 10.25 14.50 18.50 22.75 26.75 31.00 2 Based on seller paying vaccination charges. 15.50 19.75 24.00 28.00 32.25 36.50 14.75 19.00 23.00 27.25 31.50 35.50 14.00 18.25 22.25 26.50 30.75 34.75 13.25 17.25 21.50 25.75 29.75 34.00 12.50 16.50 20.75 25.00 29.00 33.25 17.25 21.50 25.75 29.75 34.00 38.25 16.50 20.75 25.00 29.25 33.25 37.50 16.00 20.00 24.25 28.50 32.50 36.75 15.25 19.25 23.50 27.75 32.00 36.00 14.50 18.75 22.75 27.00 31.25 35.25 19.00 23.25 27.50 31.75 36.00 40.00 18.50 22.75 27.00 31.00 35.25 39.50 18.00 22.00 26.25 30.50 34.75 39.00 17.25 21.50 25.75 30.00 34.00 38.25 16.75 21.00 25.00 29.25 33.50 37.75 30.50 40.50 51.25 61.75 71.75 82.50 28.00 38.00 48.75 59.25 69.25 80.00 25.50 36.25 46.25 56.75 66.75 77.50 23.00 33.75 43.75 54.25 64.25 75.00 20.50 31.25 41.25 51.75 62.50 72.50 26.00 34.00 42.50 51.00 59.00 67.50 24.00 32.50 40.50 49.00 57.50 65.50 22.00 30.50 39.00 47.00 55.50 63.50 20.50 28.50 37.00 45.00 53.50 62.00 18~0 26~0 35~0 4~50 51~0 60.00 23.00 30.00 37.00 43.75 50.75 57.50 21.75 28.25 35.50 42.50 49.25 56.25 20.00 27.00 33.75 40.75 48.00 54.50 18.75 25.50 32.50 39.25 46.25 53.25 17.00 24.25 30.75 38.00 44.50 51.75 19.25 24.75 30.00 35.00 40.25 45.50 18.50 23.75 28.75 34.00 39.25 44.25 17.50 22.75 27.75 33.00 38.50 43.50 16.50 21.50 26.75 32.25 37.25 42.50 15.50 20.50 26.00 31.25 36.25 41.50 17.25 21.50 25.75 29.75 34.00 38.25 16.50 20.75 25.00 29.25 33.25 37.50 16.00 20.00 24.25 28.50 32.50 36.75 15.25 19.25 23.50 27.75 32.00 36.00 14.50 18.75 22.75 27.00 31.25 35.25 15.75 19.25 23.00 26.50 30.00 33.25 15.50 19.00 22.50 25.75 29.25 33.00 15.00 18.25 21.75 25.50 29.00 32.50 14.25 18.00 21.50 25.00 28.25 31.75 14.00 17.50 20.75 24.25 28.00 31.50 Example of How to Use Above Table: When corn is worth $1.20 a bushel and slaughter hogs bring $18.00 per hun-dred pounds after marketing costs are deducted, an above average farmer can pay up to $17.50 a head for a 40 pound pig and $21.50 for an 80 pound pig and still break even. If he wants to make a certain profit per pig after all costs are paid, he will have to deduct this amount from each price shown in the table. By R. H. Blosser and C. C. Bowen TOP PRICES THAT AN ABOVE AVERAGE FARMER CAN PAY - ' selling '-::..i ...rr ~, ., r: Price - .,..· Price for Price Per Head When Pig Weighs 2 ' ' Price Per Hundredweight When Pig Weighs Corn per ~ 100 lbs. of ~O lbs. 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. 40 lbs. 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. Bushel Live Ho sl --~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~---~~~~~~~~~~~~~-. " . $ .90 b r. $ 26 c .•. • i 37.25 c 38.00 ' 38.75 40.50 42.25 • 44.25 {)° 93.00 76.00 64.50 50.50 I 42.25 . 36.50 .90 V-'.I 28 • • ~·· 41.25 r 42.00 43.00 44.75 46.50 48.50 J 103.00 84.00 71.75 , 56.00 46.50 40.50 .90 • 30 II ,-. 45.50 46.25 47.00 49.00 50.75 52.·75 113.75 92.50 [ 78.25 ~ 61.25 50.75 ;_: 44.00 1.00 ~,,: 9" 26 ~r'.l: - 36.00 ~ 37.00 I 37.75 39.75 41.75 1! 43.75 J 90.00 74.00 63.00 i 49.75 41.75 'J 36.50 1.00 1 r~f"I 28 u.t.IJ= 40.25 i 41.00 42.00 43.75 46.00 l 48.00 '"I 100.50 82.00 70.00 - 54.75 46.00 _; 40.00 1.00 ... I 30 ,,.r' 44.50 45.25 l 46.25 48.00 50.25 52.00 111.25 90.50 77.00 ~ 60.00 50.25 1 43.25 ... I l II 'J • ...., I o -"' I j 1.10 .... ~ ·. 26 f 35.25 36.00 37.00 39.00 40.75 43.00 88.00 72.00 ! 61.75 48.75 40.75 ] . 35.75 1.10 s-f>' 28 - 39.25 40.25 41.00 • 43.00 45.00 47.25 -- 98.00 80.50 - 68.25 53.75 45.00 ,_ 39.25 1.10 v.~·I.;.[ 30 ~·. ;t 43.50 = 44.50 ~ 45.25 47.25 49.25 51.50 2 108.75 tr 89.00 ~: 75.50 L 59.00 - 49.25 43.00 1.20 l T ~ 26 l_lr 0 34.25 I 35.00 36.00 38.00 40.00 \J 42.50 85.50 70.00 J 60.00 47.50 ~ 40.00 ,- 35.50 • i.20 ••• c:s-'s 28 ~d 38.25 39.25 40.25 42.25 44.25 ~ 46.75 .4 95.50 1 78.50 i:: 67.00 • 52.75 ~ 44.25 ~ 39.00 1.20 •• _..-...___r 30 I 42.50 ! 43.25 44.25 46.50 ~ 48.50 51.00 ~ 106.25 86.50 73.75 58.00 l 48.50 '- 42.50 ) 1.30 ~; ~ 26 "00 .... ' ' 33.25 : 34.00 35 .25 37 .25 39.50 :. 42.00 83. 00 68. 00 58. 75 . 46.50 39.50 .: 35. 00 1.30 ... 28 37.25 38.25 39.25 41.50 43.50 46.00 93.00 76.50 65.50 52.00 43.50 - 38.25 1.30 .-r"""1-~ 30 ~> .: 41.50 42.50 '1 43.50 45.75 47.75 50.25 103.75 85.00 72.50 57.00 .I 47.75 -; 42.00 I Selling Price of Price for Corn per 100 lbs. ~f 40 lbs. Bushel Live Ho s $ .90 $26 34.00 .90 28 33.25 .90 30 4-2 .2S LOO 26 33.00 L 00 28 37.00 LOO 30 4L25 L 10 26 31.75 L 10 28 36.00 1.10 30 I 40.00 -1.20 26 30.75 1.20 28 . 34.75 1.20 ~ 30 39.00 1.30 26 29.50 1.30 28 33.75 1.30 30 38.00 • -. •• I II - . - , . f -f i 1 ';I_ TOP PRICES THAT AN AVERAGE FARMER CAN PAY I I J Price Per Head \""'hen Pig Weighs 2 Price Per Hundredweight When Pig Weighs 50 lbs. 60 lbs. 80 lbs. 100 lbs. 120 lbs. 40 lbs. 50 lbs. 60 lbs. -- ---~-------35.00 36.00 38. 00 Li-O . 25 4-2 .5 0 85. 00 70. 00 60 . 00 39.25 L~O. 25 l12 .25 li-l: . • 50 46.50 9S .so 78 .S O 67. 00 43.25 4L1- . 25 46.SO 48.7S so. 7S 105. so -86 .50 73.75 34.00 35.00 37.25 39.50 l~l. 7S 82.SO GD.00 58 .2S 38.00 39.25 4L2S li-3. 7S l~6. 00 92.50 76.00 GS.50 42.25 43.25 45.50 4 7. 75 50.00 103 .00 GL~. 50 72.00 32.75 34.00 36.50 38.75 4-1. 00 79.25 65.50 56.SO 37.00 38.25 40. 75 42.75 45.25 90.00 74-.00 63.75 41.25 42.25 44. 75 47.00 49.50 100.00 82.50 70.50 31.50 33.00 35.25 37.75 40.25 76.75 63.00 55.00 35.75 37.00 39.50 41.75 44.50 86.75 71.50 61. 75 39.75 41.25 43.75 46.00 48. 75 97 .so 79.50 68.75 30.75 32.00 34.50 36.75 39.75 73.75 61.50 53.25 34. 75 36.00 38.50 41.00 44.00 84.25 69.50 60.00 39.00 40.25 42.75 45.25 48.00 95.00 78.00 67.00 • • 266/3.5M The Ohio State University cooperating with the U. S. Department of Agriculture, Cooperative Extension Service, Roy M. Kottman, Director, Columbus, Ohio 43210. Distributed in furtherance of Acts of May 8 and June 30, 1914 • • --- ' -I . r , .. -. • • - I ~ - I I I I I I I ~ -• ~ -· - --L :. -80 lbs. 100 lbs. 4 7 .5 n L:0 . 25 52 .75 l~L1. , 5 0 sn.no L1.8 , 75 46.50 39.50 51.5 0 43.75 56.75 l~7.75 L15 .50 3D.7S 51. 00 42.75 56.00 47.00 44.00 37.75 ] 49.25 41.75 54. 75 46.00 43.00 36.75 48.00 41.00 53.50 45.25 -• • I 12 0 lbs. 35. 5 0 3G.7S Li 2. 25 3l1. 75 38 . 00 li-1. 75 34. 25 37.75 41.25 33.50 37.90 40.50 33.00 36.75 40.00 I 

What to Pay for Feeder Pigs

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What to Pay for Feeder Pigs

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