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This comprehensive analysis explores strategies to increase efficiency and profitability in pig production. By examining the Profit Equation—Profit = Price - Cost of Production—and its components, including feed costs and carcass weight, we discuss the importance of reliable energy and protein supplies, herd feed conversion efficiency, and genetic factors. The insights gathered from 14 years of APL Pig statistics highlight potential areas for improvement. With a collaborative effort among industry participants, we aim to implement education and innovative practices to optimize pig production.
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The Profit Equation • PROFIT = PRICE – COP ((FeedPrice x HFC ) +(Other costs) ) x Volume (pigs sold x weight)
Profit over 14 years ($/sow) based on APL Pig stats and Pig Annual
Core program areas • More reliable and lower cost energy and protein supply • Herd feed conversion efficiency • Functional pork products • Education and training
A shared vision… Core Participants University of Sydney Supporting Participants Grainsearch Pty Ltd WAAPC – Pork Producers Committee Bartlett Grains Pty Ltd Australasian Pig Science Association
HFC • Currently averages 4.2 on a carcass weight basis for Australia (APL Pig Annual 2004). • USA average closer to 3.7 • Rather scary when feed costs 27 cents/kg.
Causes? • Genetics? • Wastage? • Poor health ? • Low energy diets? • Light selling weights? • Reproduction • Tell me?
Effects of dietary energy -Fat • Potential to get added effect on feed efficiency • Reduce total feed delivered • Enhance performance in commercial situations • Reduce grain usage • Flexibility
Australian Information • Results of experiment with boars and gilts reported by Henman etal in 1999. • Five levels of DE (calculated) ranging from 12.0 to 15.2 MJ/kg. • Animals housed in groups of 10 in commercial-type barn. • Duration of 42 days starting at 63 kg.
Effects of DE on growth rate (g/d) of pigs over 42 days starting at 60 kg.
Effects of genetics • Comparison of gilts from two genetic lines. • Results from the USA. • Pigs compared on the same diets in the same facility.
Improving Feed Efficiency • We haven’t begun to get serious about FE? • Potential to dramatically reduce feed usage if willing to try different approaches. • Need to understand the constraints and some may be inherent in our animals and systems. • An exciting area, I look forward to working on with our partners and Australian producers.