Economics

 Industry Partners


Prairie Swine Centre is an affiliate of the University of Saskatchewan


Prairie Swine Centre is grateful for the assistance of the George Morris Centre in developing the economics portion of Pork Insight.

Financial support for the Enterprise Model Project and Pork Insight has been provided by:



Author(s): G. Bilbrey
Publication Date: April 1, 2009
Reference: London Swine Conference, 2009
Country: Canada

Summary:

Benchmarking is useful on various scales, and for both production and financial comparisons. Agri Stats allows for monthly benchmarking for swine producers, and currently has finisher and sow barns participating. Benchmarking requires continuous input of data, but producers can gain perspective on how their facility compares and where it can improve. Agri Stats can breakdown financial performance, so producers can see which area is behind. More general production numbers, such as pigs/sow mated/year, are more useful for comparison than highly detailed production numbers, as production numbers do not necessarily equate profit.

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