Last week we sent our pigs to the butcher and this week I’m able to dig into all the numbers. First let’s just get straight into the expenses and income.
5 piglets @ 70.00 each – 350.00
Straw – 5.00
Hog Weight Tape – 5.99
Slaughter Fee @ 60.00 each – 300.00
3200 lbs of food – 891.38
Total Expenses – 1552.37
Sale of 3 Pigs: 1749.5
Total Income – 2099.50
Total Profit – 547.13
Not included in these numbers are a couple of different things. The cost of the shelter, waterer, fencing, and the fence charger is not included in the expenses. I didn’t include them because I will be able to use them again in the future. If I were running this as a true business, then I should amortize these items for each pig over a period of years I expect to be able to use the equipment. I also did not include the time that I spent with these animals. Over the course of 164 days, I spent about a total of 32 hours feeding, watering and taking care of them. Again, if I were running this as a business, I would also need to pay myself a wage. Since we are doing this to put meat on our table, and to take the profits and put them back into the farm, I’m less concerned with adding a wage line in the expense column.
My takeaway from this is that raising a few pigs can pay for the one or two that you keep for yourself. You do of course need to be able to feed the extras you have before you sell them, but if you can do that, then you can pay for your pig from the profits, allowing you to basically eat for free.
Now, we’ll take a look and see how well the pigs grew for us.
I estimated the pigs at 30 lbs each when we got them on January 31st and that they weighed a collective 1,365 lbs when they were harvested. 1365 – 150 lbs means that they gained 1,215 lbs in the 164 days that they were on our property.
Let’s do some math, shall we?
1,215 lbs / 164 days = 7.40 lbs gained per day. We divide that by the 5 pigs and we get 1.48 lbs gained per day per pig. This number is a little misleading, as we were also raising a runt that came in about 65 lbs lighter then the other 4 pigs. The other pigs probably grew at a higher rate then 1.48 lbs per day.
That’s a pretty impressive number if you think about it. Every day that they were here, they gained almost one and 1/2 lbs of meat!
I’m sure I’ve bored you all by now, so I hope that you take away this. Raising your own pigs can be a great way to quickly put meat in your freezer, and if you raise some extras, it can be a great way to quickly put meat in your freezer for free.