Question

We are going to assume that you are feeding 100 pigs from 15 to 260 lbs of weight. Phase feeding utilizes a series of rations that meet the specific needs of swine based on the size of the pigs. Usually, there are 3 to 7 phases for finishing pigs, but for this exercise, we are only going to use 3. 15 pts

Ration 1 - Starter- pig weight from 15 to 40 lbs consumes 50 lbs of an 18% crude protein ration costing $0.10 per pound of feed.

a. How many pounds of Ration 1 will you need per pig?

b. How many pounds of Ration 1 will you need to feed 100 pigs?

c. If ration 1 costs $.10 per pound of feed, what will it cost per pig?

d. What is the total cost of ration 1 for 100 pigs?   

Ration 2 - Grower- pig weight from 40 to 125 lbs consumes 240 lbs of an 15% crude protein ration costing $0.08 per pound of feed.

a. How many pounds of Ration 2 will you need per pig?

b. How many pounds of Ration 2 will you need to feed 100 pigs?

c. If ration 2 costs $.08 per pound of feed, what will it cost per pig?

d. What is the total cost of ration 2 for 100 pigs?

Ration 3 - Finisher- pig weight from 125 to 265 lbs consumes 480 lbs of a 12% crude protein ration costing $0.06 per pound of feed.

a. How many pounds of Ration 3 will you need per pig?

b. How many pounds of Ration 3 will you need to feed 100 pigs?

c. If ration 3 costs $.06 per pound of feed, what will it cost per pig?

d. What is the total cost of ration 3 for 100 pigs?   

What is the total cost of all the feed per pig?

You have sold your pigs $130 per head. What is your profit above feed costs?

What other costs would you need to consider?

**** If you can show your work for at LEAST a part of the problem, that will be soooo helpful!!! I am lost on how to even begin these problems

Answer 1

PARTICULARS	STRATER (15-40 LBS PIG WEIGHT)	GROWER(40-125 LBS PIG WEIGHT)	FINISHER(125-265 LBS PIG WEIGHT)
RATION CONSUMED	50 LBS	240 LBS	480 LBS
COST PER POUND OF RATION	$0.10	$0.08	$0.06

POUNDS OF RATION NEEDED PER PIG

(1 POUND= 1LBS)

RATION 1

A) RATION NEEDED PER PIG= RATION CONSUMED BY 1 PIG = 50 POUND

B) RATION NEEDED FOR 100 PIG= 100 PIGS x 50 POUND= 5000 POUND

C) COST OF RATION PER PIG= 0.10x 50= $5

D)COST OF RATION 100 PIG= 0.10 x 5000= $500

RATION 2

A) RATION NEEDED PER PIG= RATION CONSUMED BY 1 PIG = 240 POUND

B) RATION NEEDED FOR 100 PIG= 100 PIGS x 240 POUND= 24000 POUND

C) COST OF RATION PER PIG= 0.08x 240= $19.2

D)COST OF RATION 100 PIG= 0.08 x 24000= $1920

RATION 3

A) RATION NEEDED PER PIG= RATION CONSUMED BY 1 PIG = 480 POUND

B) RATION NEEDED FOR 100 PIG= 100 PIGS x 480 POUND= 48000 POUND

C) COST OF RATION PER PIG= 0.06x 480= $28.8

D)COST OF RATION 100 PIG= 0.06 x 48000= $2880

TOTAL COST OF ALL THE FEED PER PIG = COST OF RATION 1+2+3

= $5 + $19.2 +$ 28.8 =$53

SALE PRICE = $130

TOTAL COST OF FEED =$ 53

PROFIT = $130 - $53 = $77

OTHER COSTS THAT NEED TO BE CONSIDERED ARE MAINTENANCE COST, HEALTH COST , OTHER EVERYDAY COSTS WHICH CAN BE VARIABLE OR FIXED COSTS.