KINGPINE:
FEASIBILITY REPORT FOR A 40 SOWS
Items put into consideration include
Feeding
Salary
Medication
Miscellanous
Transportation

FEEDING
1 sow consumes 2kg of compounded feed daily
Feed Components
Inclusion rate %
Cost / kg


PKC
30
35
10.5

Cassava Peels
20
15
2.25

Fish Oil
5
5
0.25

Concentrates
35
35
10.5

Protein Supplements
10
10
1

Total
100

24.5






Therefore feeding of 1 sow =
2kg daily * 25 Naira /Kg
= 50Naira / Sow / Day
For 1 month
50Naira * 30 days =
1500Naira/Sow/1 Month
For 6 Months
50Naira * 180 days =
9000Naira /Sow/6 Months
Feeding of 40 sows for 6 months =
9000Naira * 40 Sows =
360000Naira / 40 sows /6 months











Feeding of 60 Porkers for 1 cycle
per Kg of Feed = 25 Naira
It takes approximately 7 months for a weaner to reach slaughter weight of 80 kg
If 1 porker will consume 1.2kg of feed daily for the first 3 months
1.2kg * 25 Naira = 30 Naira daily/ Animal

1 month = 30 Naira * 30 days =
900Naira / Month

3 Months = 30 Naira * 90 days =
2700Naira / Animal / 3 months

Remaining 4 Months
1 porker will consume 2kg daily
2kg * 25Naira = 50 Naira / Animal / Daily

50 Naira * 30 days =
1500Naira / Animal / Month

50Naira * 120 days =
6000Naira/Animal / 4 months

Total cost of raising 1 porker for 7 months =
3 months ( 2700 ) + 4 months ( 6000) = 8700 Naira for 7 months

Hence cost of feeding 60 porkers is as follows
30 Naira daily per aimal * 60 Porkers for first 3 months
= 1800Naira Daily /60 Porkers
50 Naira daily per animal * 60 Porkers for last 4 months
= 3000 Naira Daily / 60 porkers

First 3 Months
1800Naira * 90 days =
= 162000/60 Porkers / 3 Months



Next 4 months
50 Naira Daily * 60 Porkers
= 3000 Naira Daily / 60 porkers

3000 Naira * 120 days ( 4 months ) =
360000 Naira / 60 Porkers / 4 Months

Total cost of feeding 60 porkers for 7 months =
3 months ( 162000 Naira ) + 4 months ( 360000 Naira ) =
480000Naira


LABOUR/SALARY
Monthly salary = 17000
2 workers = 35000Naira / Month
35000Naira * 6 Months =
210000Naira

Electricity/Disel
5000 Naira monthly
5000 * 6 months =
30000Naira

Medicals
20000Naira Every 2 Months
=60000 Naira
Maintainance
10000 every 2months
=30000 Naira



Cost/Month
Cost/6months

Feeding Sows

360000

Feeding Porkers

480000

Salaries

210000

Medication

60000

Electricity

30000

miscellaneous

30000

Total

1170000






Potential Earnings

40 Sows farrow 8 weaners / cycle
40* 8 = 320 weaners

320 weaners if sold @ 6000 each
320 * 6000

= 1920000 Naira

Sale of 60 porkers after 7 months
60 Porkers * 25000
= 1500000 Naira


1920000 + 1500000 = 3420000 Naira

Total sales – cost of production = 3420000 – 1170000 =
2250000 Naira

Thank me later if you find this useful
0813103338.0 Pascal .
Contact me for more info



Pascal please could you send the Excel format to my email. Omegazel@yahoo.com

northvietnam:
Pig is blood money...

Just that its capital intensive and u will have to give it 7 to 8 months before it starts giving u back...


Pig is blood money

maxipharo:
PIG FARMING AS A LUCRATIVE BUSINESS IN NIGERIA

Pigs are kept in almost all the farms in Nigeria. It is still common to find pigs roaming freely around communities in rural areas of southern Nigeria than in the Northern parts due to religious taboo associated with pig farming. However, pig farming enterprises are also found in and around towns and cities in many areas of Nigeria, and stands a good lucrative source of income when properly managed like every other farming business.

Good pig farming in Nigeria relies on a combination of inter connected aspects such as housing, breeding and reproduction, nutrition, disease prevention & control and management; which are incorporated into intensive system of pig keeping to achieved a desirable and sustainable production. However, a blend of technical know how to make the right decisions at the right time, capital to provide improved building, feed and drugs, marketing viability to ensure that the animals have to be brought to the market when they have reached the desired weight and with optimum strategy for buying and selling of inputs (drugs, feed, farm facilities & equipment) and output (pork) with dependable sales outlet are key to sustainable income flow from pig farming.

PROFITABILITY OF PIG FARMING IN NIGERIA

NOTE: this is mainly for pig fattening aspect of pig farming.

A simple way to judge whether pig farming is profitable is by comparing the pork price (pig meat) and cost of production.

Assumptions (NB; Based on the available contemporary experience on pig farming)

• Average daily weight gain of 0.4kg
• Average daily feed consumption of 1.64kg from weaner to finisher of (50kg live weight in this case)
• Target live weight of 50kg
• Resultant pork from pig as 80% of its market weight
• Average feed price per kg of diet= #150
• Selling price per kg of pork= #1100
• Other costs(drugs and vaccine) = #1500
Hence,
• The pig would require 50÷0.4= 125 days to reach the target market weight of 50kg
• Total feed consumed throughout growth (125×1.64) = 205kg
• Total cost of feed consumed (205×150)= #30,750
Therefore Total cost of production = total cost of feed + other cost
= 30,750 + 1500
= #32,250
• Resultant pork = 80% of 50kg
= 35kg
• Cost price per kg of pork = 32,250÷ 35
= #806.25
• Selling price of pork per kg = #1,100
• Profit per kg of pork = selling price of pork per kg – cost price per kg of pork
= 1100 – 806.25
= #293.75
Therefore, you make #293.75 for every kg of pork meat!!

HOW CAN MORE PROFIT BE MADE?

While the above illustrations were ensured to be real as obtainable in pig farming. More profit can be made in the following ways:
• Ensuring improved housing to provide convenience to pigs to facilitate better growth.
• Employing good breeding practice by avoiding in breeding and ensuring selection of best animals in the herd for breeding
• Provision of good and well balance feed to your stock to ensure availability of nutrients for fast growth.
• Ensure a good disease control measure, to reduce cost through reduced medication (drugs) and to facilitate the animal’s utilization of nutrients for growth.
• Push to expand production, so as to enjoy more flexibility with economics of scale for production at lesser cost.

http://www.agricincome.com/profitability-pig-farming-nigeria/

maxipharo:
PIG FARMING AS A LUCRATIVE BUSINESS IN NIGERIA

Pigs are kept in almost all the farms in Nigeria. It is still common to find pigs roaming freely around communities in rural areas of southern Nigeria than in the Northern parts due to religious taboo associated with pig farming. However, pig farming enterprises are also found in and around towns and cities in many areas of Nigeria, and stands a good lucrative source of income when properly managed like every other farming business.

Good pig farming in Nigeria relies on a combination of inter connected aspects such as housing, breeding and reproduction, nutrition, disease prevention & control and management; which are incorporated into intensive system of pig keeping to achieved a desirable and sustainable production. However, a blend of technical know how to make the right decisions at the right time, capital to provide improved building, feed and drugs, marketing viability to ensure that the animals have to be brought to the market when they have reached the desired weight and with optimum strategy for buying and selling of inputs (drugs, feed, farm facilities & equipment) and output (pork) with dependable sales outlet are key to sustainable income flow from pig farming.

PROFITABILITY OF PIG FARMING IN NIGERIA

NOTE: this is mainly for pig fattening aspect of pig farming.

A simple way to judge whether pig farming is profitable is by comparing the pork price (pig meat) and cost of production.

Assumptions (NB; Based on the available contemporary experience on pig farming)

• Average daily weight gain of 0.4kg
• Average daily feed consumption of 1.64kg from weaner to finisher of (50kg live weight in this case)
• Target live weight of 50kg
• Resultant pork from pig as 80% of its market weight
• Average feed price per kg of diet= #150
• Selling price per kg of pork= #1100
• Other costs(drugs and vaccine) = #1500
Hence,
• The pig would require 50÷0.4= 125 days to reach the target market weight of 50kg
• Total feed consumed throughout growth (125×1.64) = 205kg
• Total cost of feed consumed (205×150)= #30,750
Therefore Total cost of production = total cost of feed + other cost
= 30,750 + 1500
= #32,250
• Resultant pork = 80% of 50kg
= 35kg
• Cost price per kg of pork = 32,250÷ 35
= #806.25
• Selling price of pork per kg = #1,100
• Profit per kg of pork = selling price of pork per kg – cost price per kg of pork
= 1100 – 806.25
= #293.75
Therefore, you make #293.75 for every kg of pork meat!!

HOW CAN MORE PROFIT BE MADE?

While the above illustrations were ensured to be real as obtainable in pig farming. More profit can be made in the following ways:
• Ensuring improved housing to provide convenience to pigs to facilitate better growth.
• Employing good breeding practice by avoiding in breeding and ensuring selection of best animals in the herd for breeding
• Provision of good and well balance feed to your stock to ensure availability of nutrients for fast growth.
• Ensure a good disease control measure, to reduce cost through reduced medication (drugs) and to facilitate the animal’s utilization of nutrients for growth.
• Push to expand production, so as to enjoy more flexibility with economics of scale for production at lesser cost.

http://www.agricincome.com/profitability-pig-farming-nigeria/

Jesudun1983:
Can one invest in this business without having a pen

maxipharo:
PIG FARMING AS A LUCRATIVE BUSINESS IN NIGERIA

Pigs are kept in almost all the farms in Nigeria. It is still common to find pigs roaming freely around communities in rural areas of southern Nigeria than in the Northern parts due to religious taboo associated with pig farming. However, pig farming enterprises are also found in and around towns and cities in many areas of Nigeria, and stands a good lucrative source of income when properly managed like every other farming business.

Good pig farming in Nigeria relies on a combination of inter connected aspects such as housing, breeding and reproduction, nutrition, disease prevention & control and management; which are incorporated into intensive system of pig keeping to achieved a desirable and sustainable production. However, a blend of technical know how to make the right decisions at the right time, capital to provide improved building, feed and drugs, marketing viability to ensure that the animals have to be brought to the market when they have reached the desired weight and with optimum strategy for buying and selling of inputs (drugs, feed, farm facilities & equipment) and output (pork) with dependable sales outlet are key to sustainable income flow from pig farming.

PROFITABILITY OF PIG FARMING IN NIGERIA

NOTE: this is mainly for pig fattening aspect of pig farming.

A simple way to judge whether pig farming is profitable is by comparing the pork price (pig meat) and cost of production.

Assumptions (NB; Based on the available contemporary experience on pig farming)

• Average daily weight gain of 0.4kg
• Average daily feed consumption of 1.64kg from weaner to finisher of (50kg live weight in this case)
• Target live weight of 50kg
• Resultant pork from pig as 80% of its market weight
• Average feed price per kg of diet= #150
• Selling price per kg of pork= #1100
• Other costs(drugs and vaccine) = #1500
Hence,
• The pig would require 50÷0.4= 125 days to reach the target market weight of 50kg
• Total feed consumed throughout growth (125×1.64) = 205kg
• Total cost of feed consumed (205×150)= #30,750
Therefore Total cost of production = total cost of feed + other cost
= 30,750 + 1500
= #32,250
• Resultant pork = 80% of 50kg
= 35kg
• Cost price per kg of pork = 32,250÷ 35
= #806.25
• Selling price of pork per kg = #1,100
• Profit per kg of pork = selling price of pork per kg – cost price per kg of pork
= 1100 – 806.25
= #293.75
Therefore, you make #293.75 for every kg of pork meat!!

HOW CAN MORE PROFIT BE MADE?

While the above illustrations were ensured to be real as obtainable in pig farming. More profit can be made in the following ways:
• Ensuring improved housing to provide convenience to pigs to facilitate better growth.
• Employing good breeding practice by avoiding in breeding and ensuring selection of best animals in the herd for breeding
• Provision of good and well balance feed to your stock to ensure availability of nutrients for fast growth.
• Ensure a good disease control measure, to reduce cost through reduced medication (drugs) and to facilitate the animal’s utilization of nutrients for growth.
• Push to expand production, so as to enjoy more flexibility with economics of scale for production at lesser cost.

http://www.agricincome.com/profitability-pig-farming-nigeria/

Caliph69:


You’re right. Pig business is expensive. Very expensive. Not trying to discourage anyone but that’s the truth. I am into it and i can tell you. All this his analysis is on paper. It’s different from what’s obtainable. I know how much i have put into it. And believe me for more than a year, i still handle most of the expenses from my money. The fact that good things don’t come that easy is what’s keeping me going. He never mentioned cost of the pens, water, Labour, transportation as you stated. And the feeding is not as cheap as he stated.

Nairalanddist:
Pig meat is not good for consumption cos it carries the highest amount of tapeworms

Holycity:
pls note that pig may eat yu alive if hungry

dynamix101:


Hello

Nice write-up and an encouraging one. Piggery can be a rewarding experience, but in the long term. I have some observations and additions:

1. You didn't include the cost price of the pig which is around 5000-6000 for weaners and 12000 for growers.
2. You didn't account for cost of accommodation which averages 200 naira per month per pig.
3. Cost of attendant isn't included.
4. U said it takes 125 days or 4 months to achieve 50kg. In theory it's okay. In practical, it takes an average of 8 months from weaner age to attain 60kg.
5. Pigs require around 3kg of feed daily esp as they grow older
6. The cost per kg live weight is 420 naira as at today in oke aro. Outside farms sell for 470 thereabouts. Selling at 1100 means you are slaughtering and you then have to add 1500 as slaughtering cost minus the whole wahala of transporting, marketing etc.

From this, the profit of 10,281.25 per animal (35kg X 293.75) will have been decimated.

Pig farming can be a very rewarding experience but it's not a get rich scheme; it takes time and lots of it. If you aren't passionate, you will run in and run out as a lot of people have been doing.
Check
https://www.nairaland.com/3728830/before-venture-into-piggery-read

alivestockhub:
They call me G1(gentle1 ) and I am from the TN bloodline. Having seen the goodness and economic sense in my unique traits, my owner tasked me and my sweetheart (also a TN hybrid) to produce our kind. This task has been an easy one for me as I have improved from the 13 piglets in my first farrow to some robust 15 in this second farrow. My owner hopes I get to 20 soon lol ... My babies will be up for grabs in few weeks on the usual first come, first served basis.. Thank you.. no


Send a DM or call 08156340986 for further enquiries.

#AbohLivestockHub

Caliph69:


You’re right. Pig business is expensive. Very expensive. Not trying to discourage anyone but that’s the truth. I am into it and i can tell you. All this his analysis is on paper. It’s different from what’s obtainable. I know how much i have put into it. And believe me for more than a year, i still handle most of the expenses from my money. The fact that good things don’t come that easy is what’s keeping me going. He never mentioned cost of the pens, water, Labour, transportation as you stated. And the feeding is not as cheap as he stated.

oderemo:
this is a business i ventured into a while ago roughly 5yrs, it is a 24 hr. business and time consuming.
the main problems still associated with it is the mirage you will make money while doing it, definitely not that much,
reasons are, 1. lack of market exposure[2] taboo still associated with pig eating even when some fool are starving they will still not want to eat pig meat.
3] religious believes. etc
solution. [1] before venturing do your research and sort out your business account straight from the beginning.
2] garbage in garbage out, same as quality feed will give you robust result, PLEASE resist feeding cassava leftover to your pigs
3] the trick is sell your piglets at 3/4 months , we made more money selling early than wasting money to feed them for 1/2 years.
i can go and on but man is really busy now.
i have packed it in now but from experience next i start will be BIG PIG FARM.