Posted by ss55 on July 16, 2020 at 06:56:47 from (66.216.227.218):
In Reply to: Teach me about pigs posted by tomstractorsandtoys on July 15, 2020 at 15:45:41:
Unless you are looking for a hobby project and don't care about your costs, I would check your local hog prices and the futures price for next March before making much of an investment.
With the reduced capacity at packing plants, local finished hog prices here in SE MN are now down around $30/cwt, $0.30/Lb, sometimes less. If you have to buy corn, soybean meal, feed supplements and install new fencing it might cost more to feed several hogs than to buy one already finished next March. Figure 3 pounds of feed minimum for each pound of gain. If you raise several together, can you find a market for the extra animals? Hopefully the situation will be better in nine months, but I suspect the company owned animals will still have priority at the packing plants then too.
On the positive side, the price of feeder pigs are pretty low right now.
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