Economics

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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.

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Author(s): Stine Gissel Goldbach, Lis Alban
Publication Date: January 1, 2006
Reference: Preventive Veterinary Medicine 77 (2006) 1–14
Country: Denmark

Summary:

This economic analysis is an evaluation of the socio-economic profitability of different control strategies along the stable to table chain. It was found that only hot-water decontamination would be profitable from a socio-economic point of view because it was the only alternative with a positive net present value: €3.5 million.the least profitable alternative was use of home-mixed feed with a net present value of -€262.3 million, whereas for sanitary slaughter it was -€43.6 million, and for acidified feed it was -€79.9 million. Furthermore, regardless of the alternative chosen, it is the pig industry (farmers and slaughterhouses) that would have to pay for the benefits of the rest of society. After our analysis was concluded, the Danish pig sector decided to increase focus on slaughterhouse hygiene and at the same time to introduce hand-held steam-sucking on some slaughterhouses. The effect of this will be shown in the years to come.

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