It's Important To Know Cost of Production

Jan 17, 2018

It's important for farmers to know their cost of production right down to the bushel.

That from Roy Arnott, Farm Management Specialist with Manitoba Agriculture.

He said when things get tough, knowing this information is critical.

“Well the margins have been relatively good, but if the prices do soften to the levels that they're at now, things are much tighter and any further challenges on the marketing side or the production side could make things really quite tight or even negative. That's why knowing your costs on a per bushel basis is really key.”

Arnott notes Manitoba Agriculture has a number resources available on its website to assist producers in figuring out their cost of production and to help them come up with a plan.

Source : Steinbachonline

Video: What Does 20 MILLION Hogs a Year Look Like?

?? The Multi-Plant System Processing 20 Million Hogs Annually in the Midwest JBS USA operates multiple large-scale pork processing facilities across the Midwest, including major plants in Iowa, Minnesota, and Indiana. Combined, these facilities have the capacity to process approximately 20 million hogs annually.

Each plant operates high-speed automated slaughter systems capable of processing up to 20,000 head per day, followed by fabrication lines that break carcasses into primals, sub-primals, and case-ready retail products.

Hog procurement is coordinated through electronic marketing platforms that connect regional contract finishing operations and independent producers to plant demand schedules. This digital procurement system allows for steady supply flow and scheduling efficiency across multiple facilities.

Processing plants incorporate comprehensive food safety systems, including pathogen intervention technologies, rapid chilling processes, and integrated cold-chain management. USDA inspection is embedded throughout the harvest and fabrication stages to ensure regulatory compliance and product integrity. Finished pork products — from bulk primals to retail-ready packaged cuts — are distributed through coordinated logistics networks serving domestic and export markets.