How to Raise Pigs for Profit (The real cost of pig farming)

[Music] hey everybody wanted to welcome you guys back to the farm so we are going to be doing a video today on the actual cost of raising hogs come along with me all right so i've had a couple friends ask me um what is the real cost of raising hogs so i'm gonna go over the numbers with you on what it would take to raise these three right here because these are going to be our slaughter hogs here in the next month so the others over and the other pen as we've already discussed are going to be breeding hogs so if you wanted to start a similar operation to what we have uh so these three white ones the one white one right there is going to go in with our herefords and then all the black mangalitas are going to be in their own pin so i'm going to go over the real true cost of what it's going to cost you to get this setup going and then what it costs for feed then what it costs to build the pen any type of maintenance on the hogs if they get sick or anything like that and then on top of that we're not even all the way done building we still have to build an area to house our hogs here in the next couple days so i'm gonna go over all those numbers with you and we will discuss that from here on so one of the big costs that is associated with raising hogs is feed costs so whenever we buy feed we buy it at a thousand pounds at a time and it comes in a really big huge bag and it's called a super sack uh so the bag actually looks like this right here it's this giant huge tarp looking thing and then we put it inside of this bin because then we can cover it up overnight et cetera to keep animals and then rain and environment et cetera for getting into the feed but anyway your mileage is going to vary but for us right now we pay 166 dollars for a thousand pounds of hog grower so given that each pig in order to get to typical slaughter weight takes around 750 to 800 pounds of feed you got to figure that each hog just about is going to eat one of these now one of the big things is that you have to consider is that for us because we're going to be breeding we're not going to get to stop buying this we're going to have to continue to buy hog feed even after we've slaughtered our three because we're going to have the hogs that are going to be growing still including the mangalitos and then the herfords are going to be our main breeding pigs so they're going to need feed as well so we're not going to get to stop buying feed until we end up getting probably a year if not two years of breeding out of them and then we would slaughter them and at that point though they're no longer good for regular butcher cuts like pork chops and pork steaks etc at that point they're only good for sausage feeding you have to take into consideration the equipment to either feed them in or you have to either buy or have on hand stuff to put food and water in for the animals so we ended up spending a couple bucks and bought some different types of pails etc for the hogs however we discovered that those are not going to be really good permanent solutions we're going to end up doing a 55 gallon drum with some hog water nipples on them so that the hogs can get water and not end up turning the water into a giant mess so then also you have to take into consideration a feeder if you're going to use a feeder so each feeder is typically around 100 to 100 and a half as far as the cost for us we ended up taking uh we're going to take some 55-gallon drums and i'm going to turn them into troughs here in the next couple days but that's another consideration is what it's going to take to actually put the food in their mouths because you don't want to just dump it on the ground because when you have waste and the more that you waste the more it costs you because if you aren't going to raise these hogs to specifically fill your freezer and you're going to sell them for slaughter every cost or every cent starts to add up over time whenever it comes down to waste etc as far as what you're going to be able to do is for a final cost of a hog and currently right now in the market i believe slaughterhogs are going for around 79 to 89 cents per pound so that is what you have to take into consideration whenever you're adding up let's say a 300 pound hog well you have to do 300 times 79 cents to get your minimum and 300 times 89 cents to get your potential maximum of what you're going to be able to get for each hog so your final consideration is going to be what it's going to cost to keep these hogs inside of a pen because you don't want to just let them roam wherever um because then they get too far off your property or something like that they start tearing up somebody else's property they can legally shoot and kill them and there's typically nothing you can do about it at least here in our state anyway so for us a t-post tip would cost around four to five dollars per t-post and then each panel so each panel is 16 feet long so there's one over there one over there and then one here and then one right there that is a full panel that is a full panel and then this right here would also be a full panel so each one of those panels costs 25 and that's typically before tax so four five six seven eight so we have eight times twenty five which would be two hundred dollars just in panels and we're not done yet so two hundred dollars just in panels then on top of that you have your t post and we have one two three four five six seven eight nine 10 11 12 13 14 15 16 17 18 19 around 22 t-posts here so 22 times five 20 times five would be 100 so 110 dollars so we have roughly around 300 dollars just in 10 equipment and then some of the stuff we already had either that or we got it for free such as the pallets to make a decking area for the hogs etc so some of that stuff like this gate right here that we've been using we already had so we didn't have to spend additional money on it but you know your mileage is going to vary on what you have available to you et cetera but typically i like the hog panels because i think they're easy to get over if you need to get into the thing and then you can still keep your pogs locked up uh completely unless you absolutely need to build a gate in order to start hurting hogs down a lane or shoot etc what i actually didn't mention inside of the video is the actual cost of the pigs so each one of those yorkshire pigs we bought at forty dollars a piece the mangolitas we got three of them at 100 a piece and then our runt brutus he was actually given to us for free we bought our hereford pigs at three hundred dollars for the pair so we have six hundred dollars in the mangalitas and herefords and then our four yorkshire pigs adds another 160. so we are at 760 dollars just in the cost of the animals so we add up all the numbers of what we have for cost so if you add up 165 times 10 that gives you 1 650 plus the 760 dollars in pigs plus the 310 and the actual cost of the pen material we were at two thousand seven hundred and twenty dollars to do a setup similar to what we have here and we're not even done yet so that is gonna be your true cost of what it costs to have haws now time doesn't mean anything that's the thing your time does not count for anything you cannot count your time as far as taking care of the hogs now here in a minute i'm going to go ahead and discuss the actual profit of hogs whenever it comes down to what our prize so whenever it comes down to our plan for profit we're going to have each half hog that we slaughter is going to cost 190 so and that is going to be with the animal killed so 190 is going to be our bare minimum so basically 380 per pig is what we're planning on bringing in so 1200 is what we are going to bring in for our three hogs that we are going to butcher then we have our two pot bellies which we're going to slaughter and just keep for ourselves and do a whole hog roast now when it comes to the mangalitsa pigs that we're going to be breeding those are going to be a completely different story whenever it comes down to selling those hogs and then same thing for the perfect hogs we have two females two males so each litter puts off around 18 babies from the mangalita hogs each baby is going to sell for around 200 per head is what we plan on selling them for we will not be selling any bores whatsoever they will all be cut the only time that we will sell a boar is going to be a breeding pair and each one is going to cost minimum nineteen hundred dollars for a boar and for a female that is a non-related female the herfords are going to be our pigs that we sell for our typical 20 feeder pig each litter is going to have approximately eight to ten so even if we keep three for ourselves to hold back the others at five times 25 that's 125 dollars that we would be grossing from those litters from the herefords and then at us holding back three hogs for us from the mangalitos that would be 200 times 30 just to make it easy math we'd be looking at six thousand dollars as a gross profit for our breeding plan for the mangalitza hogs that give off around 18 to 20 just assuming that we only get 15 if we take 15 times 200 that equals 3 000 as a gross profit now 165 for each thousand pounds of feed and we're going to calculate 2 in there because it takes them twice as long to get to breeding age then also feeding them through that time that they are pregnant you take 200 times 15 that's three thousand minus three hundred and thirty dollars you're left with a gross or net profit of two thousand six hundred and seventy dollars for just the hogs minus the feed costs because our pen setup is going to be semi-permanent so if you take into account the cost of each pin you'd be taught for each hog you'd be looking at around dollars per hog so we'd be at two thousand six hundred and forty dollars for each hog that we would net for our mangalitza hawks now for our hereford pigs at 25 times eight we're at 200 okay so 200 minus the cost of feed for feeding her out times two we're actually in the negative on that now granted figuring that in you're going to get more than one time breeding out of her but the point of the matter is regular hogs unless you're going to be raising them to slaughter or a specialty breed it is really hard to actually net real money unless you are a large operation where you're running probably at least a hundred hogs so for us our money is going to be into mostly the mangalitsa hogs and then raising hogs for slaughter because then we can actually net some money now for those we already discussed for the yorkshire hogs or our white pigs what our net is on them but i will go ahead and revisit it so we're talking twelve hundred dollars and then if you subtract 165 times three from that even to do easy math at two hundred dollars you're still left with a net profit of six hundred dollars so the way to go in my opinion is to privately sell your animal at a half or a whole hog and raise it to slaughter yourself that was our video guys and i wanted to thank you guys if you made this far on the video please hit the like button hit the subscribe button it is going to help us out if you enjoy our content it will definitely help us out help you out as well because then you'll get to see more content like this our next video is going to be on taking care of baby goats giving them shots how to tag them the whole nine yards so stick around for more [Music] you

Channel: Chick N' Schnitz Farm

Views: 6,544

Rating: 4.8545456 out of 5

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Id: qSbPzhpBUcw

Length: 16min 54sec (1014 seconds)

Published: Sat Oct 17 2020