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Models for Raising Pigs for Pork Highlighted in Newest MSU Extension Bulletin

By Jonathan LaPorte

Differences in cost and revenue structures exist for individuals considering growing pigs as contracted or independent finishers. A key starting point and distinction between the two types of finishers is in who owns the pigs. Contract finishers are producers who source pigs from a breeder and agree to raise those pigs for the breeder, without owning the pigs. Purchasing pigs from an auction means that an independent producer owns the pigs from the start of production.

Bulletin E-3506: Models for Raising Pigs for Pork reviews not only costs of ownership but additional costs of both types of grower models. The document assumes some level of similarity in purpose for comparison, predominantly that individuals will be seeking to raise hogs from wean to market, and they focus on pork production. These assumptions will allow individuals considering these business models to evaluate their costs and responsibilities before moving forward with any chosen business model.

The publication is a joint authorship between Penn State University Extension and Michigan State University Extension as part of a 2024 National Pork Board funded grant.

Visit the DEMaND Series website to download this new resource today. Check out additional articles, bulletins, webinar recordings and more!

The DEMaND Series (Developing and Educating Managers and New Decision-makers) helps the next generation of farm operators learn about financial and business management strategies. These strategies help individuals grow in their capacity to meet the complex needs and challenges of managing a successful farm business. Whether individuals represent a succession of generations, transition from employee to owner, or are new to farming, the DEMaND series offers a fresh look at farm management.

Source : msu.edu

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