Production

 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): Dr. Barry Kerkaert
Publication Date: January 1, 2005
Reference: Proceedings of the 2005 Manitoba Swine Seminar
Country: Canada

Summary:

In order for a hog operation to run efficiently there needs to be an unbiased outline of essential checkpoints. Dr. Barry Kerkaert has identified six critical checkpoints that he finds deserving:

Ownership structure needs to be understood. What kind of company is it? What runs the company (e.g. – partnership, board, etc.)? Do members all share the same profit ideas?

Financials need to be checked. This includes sales, feed, labor, breeding herd replacement cost, and cash flow.

The system and logistics needs to be monitored. This includes pig flow, genetics, staff, etc.

Obviously, production needs to be checked. This includes monitoring the sow herd, grow-finish herd, and the entire farrow-to-finish system.

Different types of insurances need to be in place. This includes Business Interruption Insurance, management company insurance, and insurance on the pigs themselves. Details should be understood thoroughly.

Health and biosecurity are essential to any operation. This includes health, PRRS control, and biosecurity measures for disease prevention.

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