Calculate pig farming profit for a batch from pigs started, sale weight and price, and feed and other costs per pig, or find the price for a target profit.
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Pig Profit Formula
This is a simplified batch budget. S is pigs started, m is the nonmarketed percentage, M is expected marketed pigs and w is average sale weight per marketed pig. Expected M may be fractional. Feed and other variable costs are average incurred costs per pig started, including loss-related spending; changing mortality does not automatically reduce these entered costs. Use operation-specific costs as in Iowa State Extension enterprise budgets.
- P is estimated batch profit in your currency, after only the costs entered. F and V are feed and other variable costs per pig started; B is fixed batch cost.
- TR is revenue from expected marketed weight W at sale price p. The calculator converts kg/lb units before multiplying; live, hanging and packaged weights are different selling bases and are not automatically converted.
- TC includes the entered batch costs. Include acquisition, feed, health, labor, facilities, financing, hauling and processing where applicable, without double counting. Enter all amounts in one currency; the calculator does not convert currencies.
Revenue by Selling Channel
Use a quoted price on the same selling-weight basis as the entered weight. The table below contains hypothetical arithmetic illustrations, not current market prices or expected yields. A US cwt is 100 lb, so divide a per-cwt price by 100 before entering a per-lb price. Processing and handling charges belong in the cost budget where applicable.
| Channel | Illustrative Price | Sale-Weight Basis | Illustrative Revenue |
|---|---|---|---|
| Illustration A: live sale | $63-$69/cwt | 280 lb live | $176-$193 |
| Illustration B: live sale | $0.90-$1.50/lb | 280 lb live | $252-$420 |
| Illustration C: hanging sale | $3.50-$5.50/lb | 202 lb assumed | $707-$1,111 |
| Illustration D: packaged sale | $6-$12/lb | 152 lb assumed | $912-$1,824 |
Typical Cost Breakdown Per Pig
The following cost categories organize hypothetical budgets per pig started. Both amount columns are illustrations, not typical small-farm or commercial prices. Enter your own incurred costs, including acquisition where applicable. Processing is excluded from the displayed totals. Mortality timing can affect actual feed and other spending; this calculator leaves those adjustments in your entered costs rather than predicting them (Iowa State Extension mortality-budget explanation).
| Cost Item | Illustration A | Illustration B |
|---|---|---|
| Feeder acquisition | $75-$200 | $45-$80 |
| Feed | $150-$350 | $110-$200 |
| Veterinary and medications | $50-$100 | $15-$40 |
| Bedding | $30-$80 | $10-$25 |
| Processing (direct sale only) | $200-$450 | Not included |
| Other (hauling, labor, overhead) | $50-$150 | $20-$50 |
| Total (excl. processing) | $355-$880 | $200-$395 |
How to Calculate Pig Profit
Hypothetical example: one pig is started and sold, with 0% nonmarketed allowance and only the listed costs included. A 280 lb market hog at $0.90/lb live generates $252 in revenue. With total raising costs of $210 (feeder pig $80, feed $95, vet and bedding $35), net profit is $42, a 16.7% margin, with a breakeven of $0.75/lb. At $1.20/lb the same cost structure yields $336 revenue and $126 profit (37.5% margin). These are arithmetic illustrations, not current quotes or a complete farm budget.
Key Performance Benchmarks
Use operation-specific records rather than universal breed, price-premium or production benchmarks. The checks below clarify this budget model; they do not supply commercial performance targets. Profit margin is undefined at zero revenue, return on cost is undefined at zero cost, and a changed mortality assumption does not model the timing of death loss or its cost savings.
| Metric | Definition / Input | Budget Check |
|---|---|---|
| Feed cost per pig started | Total incurred feed cost / pigs started | Include loss-related feed spending |
| Other variable cost per pig started | Other incurred batch costs / pigs started | Include each cost once |
| Expected marketed pigs | Started pigs × (1 − nonmarketed % / 100) | A planning expectation may be fractional |
| Feed share of total cost | Total feed cost / total cost × 100 | Undefined when total cost is zero |
| Net profit margin | Batch profit / revenue × 100 | Undefined when revenue is zero |
| Selling-weight basis | Entered live, hanging or packaged weight | Price must use the same basis |
