2003 Michigan Swine (Farrow to Finish) Business Analysis Summary

Eric Wittenberg and Stephen B. Harsh

No 11682, Staff Paper Series from Michigan State University, Department of Agricultural, Food, and Resource Economics

Abstract: This report summarizes the financial and production records of 9 Michigan, farrow to finish, swine farms. To be included, the farms must have produced at least 50 percent of gross cash farm income from one or a combination of fat hogs, feeder pigs and cull breeding hogs sales. The records came from Michigan State University's TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. Farm records were included if a farm financial summary was completed on 2003 data including beginning and ending balance sheets, plus income and expenses. The data were checked to verify that cash discrepancy was less than 10% of gross cash inflow and that debt discrepancy was less than $1,000. While considerable variation in the data exists, average values are reported in the summary tables.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 19
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:midasp:11682

DOI: 10.22004/ag.econ.11682

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